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Hydrogen vehicles in China: Will it overtake EVs?

Hydrogen vehicles in China

As of March 2022, the Chinese government released the country’s first-ever long-term plan for hydrogen vehicles. By 2025, the government aims to have 50,000 hydrogen fuel-cell vehicles on the road, more than 6 times the existing units of 8,000 in 2020. The gap in the market and the explicit support from the government for the […]

Market strategies for foreign sustainable food startups in China

foreign sustainable food startups in China

In the 60s, Chinese people consumed on average 5kg of meat a year. After the launching of Deng Xiaoping’s reforms, those numbers grew fourfold, hitting 20kg per person. By 2015, the per-capita meat consumption reached 48kg. According to the Insight on Plant-Based Meat Industry White Paper, China’s per capita consumption of meat equals now that […]

Sustainable consumption in China: Are Chinese consumers ready to ride the green wave?

Sustainable consumption

In 2018, dairy company Yili Group released a report on sustainable consumption in China in which it mentioned that over 90% of Chinese consumers were aware of sustainable consumption and 70% were very conscientious of it. Awareness of eco-friendly consumption in China is increasing as sustainability and environmental summits and conferences are flourishing. In a […]

What China’s new carbon emission trading market means for businesses

China’s carbon emission trading

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 […]

Gardening tools market in China: Rapid expansion driven by urbanization

Gardening tools market in China

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 […]

Modern Chinese fashion: Poetry, heritage, tech-forward and impact are the four upcoming trends

modern Chinese fashion and streetwear

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. […]

Byton, the Chinese electric car brand going global

Byton in China

Climate change forces us to rethink transportation, electric vehicles might be one of the solutions. It is only the prelude of the technology but some brands like Tesla are already overwhelming the sector. The Chinese auto market is one of the biggest in the world. Byton is a Chinese brand with high ambitions. The company […]

Organic Cosmetics in China: Natural ingredients gaining popularity

organic cosmetics market in China

As natural and organic cosmetics products contain plant ingredients, manufacturers must acquire certification for using organic plant extracts. In accordance with a wide range of international standards, organic products cannot contain artificial spices or skin pigments nor can they make use of oil chemicals, such as preservatives and surfactants. Natural and organic cosmetics manufacturers cannot test […]