Li Jiaqi’s pre-double eleven strategies that solve consumer headaches and generated over 10 billion yuan in sales
As Double-Eleven continues to grow, this Chinese version of Black Friday is no longer limited to November 11th and is expanding to take up more real-estate on the calendar. The pre-orders of “Double-Eleven” started as early as October 20th this year as Taobao has adopted a new “deposit-payment” mechanism. In this year’s “battle” to get […]
What China’s new carbon emission trading market means for businesses
On July 16, the Vice-Minister for Ecology and Environment Zhao Yingmin officially ushered in the China’s long-planned carbon emission trading market, the world’s largest CO2 market. The carbon exchange system, which made its debut with 4.1 million tons of carbon dioxide quotas worth 210 million RMB traded in a single day, was actually launched in […]
What job postings in China teach us about the nation’s direction of economic development
With the end of the Covid-19 pandemic and the rapid recovery of the national economy, the job market for medium and highly skilled professionals in China started to thrive again, raising hopes for an increasingly brighter future. During 2021 Q1, the number of new jobs experienced a 99.02% year-on-year increase and the average annual salary […]
China’s population and changing demographics: Based on the 2020 Seventh National Population Census
According to data from China’s Seventh National Population Census released in May 2021, the country’s population reached 1,412 million in 2020, but with only marginal growth in the past decade. Notably, the age group of 60 and over has expanded significantly, up by 5.44% from the 2010 census, reflecting an ageing society in China. This […]
Six notable Chinese IPOs in 2021 Q2
The Chinese market keeps booming through 2021 Q2 fueled by vaccine rollouts and improved macroeconomic indicators. The target GDP growth rate in 2021 was set to be at least 6% at the National People’s Congress held in March. Chinese IPOs in 2021 Q2 will continue to prove resilient to challenging global economic conditions. Brief Review […]
How Chinese people lose weight: Social listening exposes market demand
In 2019, one in five Chinese people were overweight. In combination with this statistic, the beauty standards in China are relatively unforgiving towards extra weight. As a result, China’s demand for weight loss is rising quickly. But to penetrate China’s weight loss market, the question is how do Chinese people lose weight? Chinese people are […]
May 2021 named “national consumption month” dedicated to boosting China’s post-COVID consumption recovery
While China is one of the nations that were able to recover the quickest from the pandemic, the Chinese economy still has largely suffered from the supply chain disruptions, regional lockdowns and a drop of international demand caused by the pandemic. Some sectors were mostly unscathed by the pandemic, retail in China was not one […]