5 Chinese consumer values in the post-pandemic economy
Private consumption in the Chinese economy is expected to reach around $12.7 trillion by 2030. Experts anticipate the Chinese consumption to more than double within 10 years compared to the spending of $5.6 trillion in 2019. This translates to an annual private consumption growth rate of 7.9% over the next 10 years. With this outlook […]
How brands carve room for body positivity in China
Body positivity refers to the assertion that all people deserve to have a positive body image, regardless of society’s ideal shape, size, and appearance. The body positivity movement challenges existing social standards of what preferred body is, promotes the acceptance of all types of bodies, helps people build confidence and acceptance of their own bodies […]
The mindfulness economy in China and the APPs fostering inner peace in busy, white-collar workers
Meditation, a practice method derived from Buddhism, was popularized in 1960s, and has now lead to the creation of a global mindfulness economy. The wave of mindfulness culture started in 1969 when the molecular biologist Kabat-Zinn redefined American-style meditation as “Mindfulness”. Stripped of religious colors, it became a more extensive mental health therapy and began […]
The Chinese boxing market and the women driving it
With the changes in Chinese fitness consumer groups and improved spending power, increasingly more people choose niche sports such as boxing to satisfy their diverse fitness needs. Although there is still a big gap in the recognition and participation of boxing compared with western countries, thanks to large population base in China, boxing market in […]
Chinese silver generation drives the tourism market
The silver generation in China includes people aged 60 and over. They are an important consumer group as China has gradually morphed into an aging society as a byproduct of the one-child policy. In recent years, with the improvement of the quality of life of middle-aged and elderly people, after retirement, the number of Chinese […]
Gardening tools market in China: Rapid expansion driven by urbanization
The gardening tools market in China has grown substantially in the past 5 years. According to a report by ASKCI, the market size for gardening tools in China has grown from less than 600 million RMB in 2014 to more than 850 billion RMB in 2019, at a CAGR of 7.6%. The market is expected […]
How China celebrates International Women’s Day
In 1908, more than 15,000 women marched in NYC demanding more appropriate working hours, better pay and voting rights. Three years later in 1911, Clara Zetkin, the leader of the Women’s Office for the Social Democratic Party in Germany, suggested that there should be a celebration of women every year in every country. International Women’s […]
A new era of parents in China: Some of the largest spenders in the country
New era parents in China put paramount importance on growing individually in their careers, their health and beauty with are willing to pay a premium for convenience. According to a report published by Alarice most parents in modern China spend approximately 1,000 to 5,000 RMB on their children every month, with expenditures on education and […]
Chinese consumption during the 2021 Spring Festival reached 821 billion Yuan
The Chinese lunar New Year is traditionally the greatest human migration in modern times. However, in 2021, the traditional custom of returning home during 2021 Spring Festival was not encouraged due to a few local outbreaks of COVID-19. These inconveniences did not stop Chinese consumption during the 2021 Spring Festival. The total volume of Chinese […]
The causes and market impact of stress in China and how ‘stress’ has become a key selling point for brands
Zhenyu Luo, the CEO of the top-performing Chinese online learning application, iGet (得到) said in his trending New Year’s speech, “you must run extremely fast to stay in the same place.” This sentence is a fitting description of the reality that is faced by an ordinary Chinese person today. A 2019 survey estimates that 16.6 […]
Modern Chinese fashion: Poetry, heritage, tech-forward and impact are the four upcoming trends
As the structure of mass consumption has undergone major changes in China, modern Chinese fashion is following new trends. Nowadays, “displaying power, connecting industries, and promoting ecology” has become the mission of many Chinese fashion brands. With the deepening of international fashion exchanges and cooperation, Chinese traditional elements and oriental aesthetics have received great attention. […]
Daxue Talks 88: The best platforms for fashion marketing in China
In this China business vlog, our guest Olivier Vérot, the founder of the Gentleman Marketing Agency (GMA), shares his knowledge about how to attract and convert online traffic and which are the best platforms for fashion marketing in China. Jump to questions: 0:00 Introduction 0:22 For fashion brands, what are the best platforms to attract […]