According to voice of china CNR news, the national economic monitoring center of the National Bureau of statistics of China held today.

The survey shows that in the four quarter of 2010, China's consumer confidence index was 100, down 4 points from the three quarter.

Among them, rural consumers' expectation of future employment and economic income is better than that of cities, showing stronger confidence, 107, a slight increase of 1 points over the previous quarter, indicating a higher consumer confidence index in the rural and Middle Eastern regions.

City

According to the survey, only 30% of the consumers in the fourth quarter thought it was a good time to buy their own items, a significant decrease of 11 percentage points over the three quarter, and inflation pressure continued to increase.

In particular, the rise in food prices has increased consumers' worries about the weakening of the actual purchasing power of income, which also inhibits the consumer's willingness to consume.

In addition, high housing prices and rising interest rates have also partly suppressed consumption intentions, especially the fear of fast rising food prices, which is the main reason for the decline in consumer willingness.

Pan Jiancheng, deputy director of the China Economic Monitoring Center, commented that, judging from the current statistics,

Ma Chi, President of Nielsen Co Greater China, commented that China's economy continued to maintain a good momentum of development, strong growth in GDP and significant growth in total retail sales of consumer goods, which will also have a certain impact on reducing consumer inflation expectations.