Income and employment optimism see index soar above global average

Consumer confidence in China rebounded in the fourth quarter as economic growth picked up amid low inflation, according to a Nielsen survey released on Wednesday.

The quarterly consumer confidence index rose by 2 percentage points to 108 in the last quarter - 17 points ahead of the global average, the survey showed. The index dropped to 105 in the second quarter in 2012, from 110 in the first quarter, before stabilizing at 106 in the third quarter.