Is Qingdao’s consumption level high?

The consumption level in this area is relatively high.

The consumption level in this area is relatively high, especially during the peak tourist season, when hotel and restaurant prices will increase. Qingdao’s total retail sales of consumer goods continue to grow and its consumption power is strong, which also reflects the vitality of Qingdao’s economic and social development.

Compared with some ordinary cities, as an internationally developed city, Qingdao’s people have higher wages and strong purchasing power, so their consumption levels will be correspondingly higher. In addition, prices in Qingdao are also considered by some to be more expensive than in cities such as Beijing and Shanghai.