By 2020, the middle class in China will reach 700 million.

According to the research of Euromonitor, by 2020, the middle class in China will reach 700 million. According to the national population development strategy research, the population of China will reach 654.38+45 million in 2020. Then, in ten years, the middle class in China will account for more than 48% of the total population, and nearly half of China people will become middle class.