Consumer confidence soars in Nielsen index

Rising incomes, better outlook for employment give lift to optimism

Chinese consumer confidence in the fourth quarter of 2013 reached its highest point in the past five years, fueled by rising disposable income and optimism in the job market, a Nielsen report said on Wednesday.

The index reached 111 points, ending the year three points higher than it started and five points higher than the same period in 2012, according to the survey's findings.