As the target of large multinational enterprises, Chinese consumers and their consumption demands have become a new engine to drive China’s economy, the second largest in the world.

According to the latest official data, consumption has contributed 71 percent to China’s GDP in the last three quarters, injecting new vitality into the economy. The Economist predicts that spending by Chinese consumers, who have spent $3.2 trillion, will go up to $5.6 trillion in 2020.