Chinese battery market: The road to global energy leadership
The country’s dominance is intensifying, not just in absolute production but in its share of global sales. In 2024, China produced over three-quarters of the batteries sold globally. In the EV industry, Chinese battery producers supplied 95% of EV batteries sold in China, 38% in the European Union, and 15% in the rest of the […]
Beyond rankings: the course of ESG in China towards Common Prosperity
In recent years, Environmental, Social, and Governance (ESG) considerations have emerged as pivotal elements reshaping the landscape of corporate practices and investment strategies globally. This transformation is notably pronounced in China, which is witnessing a significant surge in ESG awareness and implementation. According to a survey of 262 executives from Chinese listed companies, over half […]
IKEA in China: Cultivating an omnichannel home décor shopping experience
Over the years, Chinese consumers have displayed a growing willingness to invest in home décor as a way to enhance their quality of life. Thus, IKEA in China has risen as a result of China’s growing furniture market. In 2022, the Swedish furniture brand announced the successful completion of the three-year strategy and fulfillment of […]
From commuting to craze: China’s billion-dollar bicycle market
Since the introduction of the two-wheel pedal bicycle from France to China in 1868, bicycles have been establishing a significant presence within Chinese society. This enduring popularity of bicycles persists to this day. In 2022, the sales manager of Giant’s bicycle shop in Beijing said that the sales of bicycles increased by about 30%. This […]
China’s sustainability certifications: Empowering sustainable practices for a greener future
In recent years, sustainability has become crucial in global industries, including China. Chinese consumers are increasingly aware of the environmental impact, driving demand for sustainable products. To meet this demand, certifications, and standards have been established to ensure authenticity and reliability in various sectors such as textiles, food and beverages, automotive, and even chemicals. Thus, […]
China’s minimalism trend: a journey towards sustainable living and mindful consumption
Minimalism has become a prominent trend in fashion and lifestyle campaigns, especially in China. People are increasingly embracing a clutter-free existence and being mindful of their shopping habits. This minimalist lifestyle has a positive impact on personal well-being, with decluttering being a significant factor, according to a study of current trends in China. The minimalist […]
Green Guilt: The present and future of sustainable consumption in China
Environmental sustainability has become a growing trend in China, not just for PR strategy, but a necessity. Recently, it has been further emphasized by the impact of COVID-19 and the government’s goal of achieving carbon neutrality by 2060. Apart from businesses, we believe that consumers have the power to shift demand to greener alternatives. As […]