The Chinese Art Market: History, Investment, and insights from a local artist

Chinese art market

The Chinese art market is one of the biggest, along with the US and Great Britain. According to TEFAF statistics, the country held 22% of the global art market in 2019. Still, there are many opportunities in the country thanks to its growing economy. Even if the country has a long tradition of art among […]

The Coffee shop market in China

coffee shop market in China

China’s coffee culture has been rapidly growing since 2000. Though China is far from being the largest coffee market, many believe that it will soon surpass many European countries and Japan. The size of the coffee shop market in China has doubled since 2013, which achieves an annual compound growth rate of 18%. According to […]

The Luxury Watch market in China: Status, sophistication and counterfeiting

Luxury Watch Market and Consumers in China Rolex, Omega, Patek Philippe, Cartier, Channel, Longines, Tissot, Rado, Blancpain and Piaget are the top ten luxury watch manufacturers ranked in the Chinese market in 2019. The luxury market in China has been soaring from 2017 to 2018 with a compound growth rate at 40%, which makes China […]

Supermarkets and Hypermarkets in China: A revolution yet to come | daxue consulting

Grocery retail industry in China

How is the supermarket and hypermarket industry in China currently performing? Supermarkets and hypermarkets in China are becoming more and more prevalent. A supermarket is a large form of the traditional grocery store: a self-service shop offering a wide variety of food and household products, organized into aisles. A hypermarket, on the other hand, differs […]

Comparison of market research in China vs the West: what you may not know about market research in China | daxue consulting

market research comparison china

The common Framework of Market research Market research is important in helping organizations to make informed business decision by collecting insights and using data. Through market research, a company could identify the potential growth possibilities and risk factors by learning about the consumer market, the local cultural and the unique challenges of the industry.  Market […]

What is the recipe for successful China market entry? | Daxue Consulting

successful China market entry

China market entry plan Entering the Chinese market is a challenging process. Understanding China’s business culture and political environment, and adapting to that, can help your brand, product, or service development in China. Daxue Consulting provides comprehensive market entry support for any international brand or company looking to enter the Chinese market. Step-by-step China Market Entry […]

The success of Taobao on the Chinese Internet

Taobao on the Chinese Internet

How have Taobao on the Chinese internet evolved compared with its Western counterparts? In many ways, the Great Firewall has allowed China to develop unique applications, and not equivalent versions, of the biggest online platforms the West enjoys. Just as Baidu (百度) is not China’s Google, nor is Tencent (腾讯) China’s Facebook, their similarities are […]

China Report: A quick overview of the Country

China report

China Report GENERAL INFORMATION GDP:  USD 10360bn Population: 1,364 billion Languages: Mandarin, (Putonghua), Yue (Cantonese), Wu (Shanghainese), Minnan (Hokkien-Taiwanese), Xiang, Gan, Minbei (Fuzhou),  Hakka dialects, other smaller minority languages. Form of state: Communist State Next elections: 2018, presidential and legislative COUNTRY RATING Economic overview China has become the world’s manufacturing Hub since the country opened […]

Sensory analysis in China

effective testing China

It is easy for a market researcher to define if consumers like a product or do not like it. However, it is quite difficult to understand why. This is probably because while most people accept or reject a product based on its sensory characteristics, they fail to distinguish one sensory characteristic from the others or […]

Customer satisfaction survey in China

customer research China

Customer satisfaction survey in China Why you need Customer research in China China has the largest single potential consumer market in the world and the forecast of its economic growth rate remains strong in the next two decades. Therefore, China is one of the most popular markets for different international companies, and this means the […]