1、There appears to be a bit of a disparity when it comes to consumer confidence levels here in China between people in rural and urban areas.Research firm Nielsen says rural consumers remain the most optimistic in the country, with the confidence index hitting 113 in the second quarter.At the same tim
2、e, public sentiment has reached 107 in Chinas Tier 1 cities, up from 101 three months earlier.Any figure above 100 indicates optimism.Rural respondents have the highest confidence level on employment prospects, with 92 percent saying the jobs outlook is good.For more on Chinas consumers behaviour, were joined live now by Patrick Chovanec, Associate Professor at Tsinghua Universitys School of Economics and Management.
