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China’s Toys Market in 2022: Chaowan, high-tech, and parent-child games

daxue-consulting-china-toys-market-2022-cover

Most people know China as the world’s largest toy exporter due to its solid manufacturing reputation especially in the southeastern provinces. Indeed, in 2020 China exported $72 billion USD worth of toy products, miles ahead of the 2nd place – Germany’s $6 billion USD. However, China also has the world’s largest toys market, valued at […]

A new era of parents in China: Some of the largest spenders in the country

a new age of parents in China

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 […]