10 Surprising Facts on China’s Consumption

China is well-known for its powers of production. However, with the prodigious development of economy as well as huge population, China will surely surpass the United States and become the world’s biggest consumer in the near future. Below is a list which shows the percentage of what Chinese people consume in the world.

1. Chinese drink more than 40% of world’s strong liquor.

2. China burns nearly half coal used worldwide.

3. China is the world’s largest consumer of gold.

4. China accounts for 25% of the world’s luxury goods sales.

5. People of Mainland China buy 34% of world famous brand watches.

6. China is the largest consumer of tobacco in the world, consuming nearly 40% of the world’s cigarettes.

7. China imports more than 60% of the world’s total iron ore trade.

8. China consumes about half the world’s pork.

9.  China accounts for 43 percent of sales in world’s instant noodle market.

10. China also holds the title of the world’s biggest energy-related CO2 emitter.

With the fast growth of China’s economy, more and more Chinese people hope to elevate their living standards, which mean Chinese will consume more goods worldwide. Therefore some consider this as a threat to the rest of the world. What do you think about that?