Government regulation of the cosmetics industry in China| Daxue Consulting

Cosmetic products include: Skincare products Shampoos and hair-care products Make-up products Products for children Sunscreen Anti-aging products Sports cosmetics Cosmeceuticals (products that combine cosmetic and pharmaceutical features, such as spot lightening cream, acne treatment lotion, and acne ointment.) The cosmetics industry in China in 2019 China has recently overtaken Japan to become the largest cosmetics […]

What do Chinese consumers think of Duty Free shops? | Daxue Consulting

Chinese consumers shopping

What are Chinese consumers attitudes towards Duty Free shops? Duty Free shops are retail outlet stores that are exempt from paying all local or national taxes. This tax exemption is on the basis that the goods sold in these stores will be sold to travelers who will carry them outside of the country. Inside of […]

Impacts of the Rising Zoo and Aquarium Industry in China | Daxue Consulting

Zoo and Aquarium Industry in China

The Zoos and Aquariums industry in China includes operators that preserve and exhibit land or aquatic animals for conservation, academic purposes, display, and entertainments. Zoos, wildlife parks, and aquariums in China have flourished in recent years among rising demand for theme parks. As Chinese consumers found themselves with more available disposable income, they took more […]

Leveraging Guanxi for Business – Approaching the mindset behind Guanxi | Daxue Consulting

Guanxi

Guanxi is one of the most commonly discussed topics in Chinese society. It refers to one’s set of social relationships, ties, or networks that can be leveraged for personal or professional purposes. Commonly misunderstood for bribery or corruption, Guanxi is a topic often oversimplified or stereotyped by Western understanding, especially in the context of business. […]

Towards a smart home future: China’s Smart Systems and Smart Devices | Daxue Consulting

Chinese Smart Homes market

With a global trend towards an “internet of things,” China’s technological innovation has led to rising demand in the smart home market from Chinese consumers.  A smart home is defined by Google Dictionary as: a home equipped with lighting, heating, and electronic devices that can be controlled remotely by smartphone or computer. Smart home systems, […]