Consumer Sentiment Peaks Ahead of Singles’ Day—Then Stabilizes: China Consumer Survey Insights

Consumer Sentiment Peaks Ahead of Singles’ Day—Then Stabilizes: China Consumer Survey Insights

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Primary Analyst:
Madhav Pitaliya, Analyst
Contributors
Primary Analyst:
Madhav Pitaliya, Analyst
Deep Dive

Reasons to Read

The Coresight Research monthly China Consumer Survey Insights series takes a regular temperature check on Chinese consumers’ behaviors and sentiment, based on exclusive proprietary survey data.

In this research report, we present findings from our latest weekly surveys, with the most recent undertaken on November 24, 2025. We spotlight developments in consumer sentiment on the economic and financial outlooks.

Read this report to discover answers to these key questions:

  • How has consumer sentiment in China evolved in November, and what do recent peaks in optimism indicate about consumer expectations for the upcoming retail season?
  • What role did Singles’ Day play in shaping short-term optimism, and how do the post-event dips reflect evolving consumer confidence?
  • What are the key consumer behaviors and purchase trends observed in the weeks leading up to and after Singles’ Day?

Data in this research report includes:

  • Consumers’ expectations for economic conditions and personal finances over the next 12 months, showing how optimism has evolved.
  • Changes in personal financial situations compared to 12 months ago, shedding light on shifts in consumer wealth perceptions.
  • Consumer activities over the past two weeks, highlighting engagement levels and emerging trends.
  • Purchasing behaviors, with insights into what consumers are buying in-store and online during the survey period.

Other relevant research:

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