
China’s Parent-Child Economy Booms as Millennial Families Drive Growth
China’s parent-child economy surges past $685 billion projections as millennial parenting styles reshape urban consumption patterns and family travel trends.
News & Insights Across Asia
China’s parent-child economy surges past $685 billion projections as millennial parenting styles reshape urban consumption patterns and family travel trends.
Roland Berger highlights shifting consumer priorities in China toward value-driven purchases, intensifying market competition amid economic changes.
Experts forecast China’s domestic consumption recovery by 2025, driven by new government measures to boost incomes and service quality.
China announces fresh measures to stimulate domestic consumption, targeting tech innovation, green industries, and cross-regional economic revitalization.
China’s annual political meetings begin with focus on boosting domestic consumption to drive economic growth, as experts outline policy expectations.
China’s Spring Festival travel rush led to a significant consumption rebound, with over 9 billion passenger trips and a 6% increase in domestic tourism, fueling industries from transportation to entertainment.
China’s massive consumption market presents significant cooperation opportunities globally, says Foreign Ministry spokesperson.