Even private consumption fell in quarterly terms, something last seen in the 2008-09 crisis.
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There is currently no incentive or safety net to allow for private consumption in the economy.
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Private consumption fell 0.5% in the July to September quarter, from the previous three months.
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The decline is attributed to fears of weakening global demand, slowing private consumption and higher costs.
Some people argue that private consumption is actually far stronger than the official figures suggest.
Its exports have grown more slowly than Germany's, but private consumption has advanced at almost triple the rate.
The ministry cited a decline in private sector investments and private consumption expenditure for dragging down total domestic demand.
Up to a million people are now thought to have read what was meant for private consumption amongst friends.
Private consumption is picking up and will continue as the wealth effect of a stock-market bull run kicks in.
China's official statistics show private consumption growing less quickly than the economy as a whole from 2001 to 2010.
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More social spending of the right kind would not crowd out private consumption.
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South Korea's private consumption rose by an annualised 14% in the second quarter.
Private consumption, government spending and overseas trade all detracted from Germany's end-of-year performance.
According to the Central Statistics Bureau, private consumption accounts for close to three-quarters of GDP, up from two-thirds in 1997.
At the same time, private consumption also lost some of its edge, rising 3.1% in 2012 from 4.1% in 2011.
In 2007, GDP grew an estimated 6.5%, based on rising private consumption, a jump in corporate investment, and EU funds inflows.
In feudal days, most herders looked after animals belonging either to aristocratic or to monastic masters, while raising livestock for private consumption.
It should continue to benefit from the increase in private consumption.
Private consumption grew 1% in the first quarter from the previous three month, while the construction sector continued to decline, contracting by 1%.
But this is not enough, he argues, to reverse the dramatic decline in private consumption as a share of GDP over the past decade.
ECONOMIST: At least one of China��s economic imbalances is narrowing
Higher food prices lower households' capacity to spend on non-food products, thus worsening India's ongoing economic slowdown as private consumption accounts for 57% of GDP.
If investment were to falter and private consumption failed to compensate, China would be left with a big hole in demand, jeopardising employment and growth.
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But several economists also believe the official figures understate private consumption.
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Those GDP figures I mentioned earlier showed that the small amount of growth the UK had in 2012 was all thanks to public and private consumption.
"With the construction sector still in a slump, the domestic economy, particularly private consumption, has a long way to go, " said Mr Oh of Standard Chartered.
In most Asian economies, private consumption is 50-60% of GDP, which is not out of line with rates in countries at similar levels of income elsewhere.
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Although over three-fifths of the world's population live in Asia, they only account for just over one-fifth of global private consumption, much less than America's 30% share.
The recent rebound in house sales is, in fact, exactly what the government is aiming for, since it is using property as a way to spur private consumption.
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With households now highly indebted across the industrialized world, a sustained recovery in private consumption will require a rise in the share of national incomes accounted for by wages and salaries.
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