How single Chinese women spend their money
Over the past few years, China has experienced significant demographic changes, including a rise in the number of single Chinese women. Despite the government’s wishes, more and more people are choosing to stay single, resulting in a significant decrease in marriage rates from 12.2 million in 2015 to 7.6 million in 2021. According to Guoyuan […]
Happily unmarried: A peek into singles economy in China
As the population ages and the national birthrate keeps on declining, China undergoes another deep transformation which will leave a mark on the country’s social and economic structure. According to China’s Ministry of Civil Affairs, from 2014 on, the amount of marriages gradually dropped over the years: in 2019, about 9.3 million couples tied the […]