中国购物者报告，系列二（英）.docxVIP

At a Glance While China’s GDP growth slowed, spending on fast-moving consumer goods continued to grow steadily, rising in overall value by 5.7% in the third quarter of 2019. As urban consumers’ incomes rise, they pursue products they view as improving their health and lifestyle, while shunning those they consider unhealthy—continuing the two-speed growth trend for different product categories. Imports now account for 18% of all FMCG sales and consistently outpace category growth. What slowdown? In the third quarter of 2019, China’s GDP growth rate dipped to 6.0%, the lowest level in 27 years,