Pop Culture Revitalizes Retail: The Rise of the ‘Guzi Economy’
Discover how the ‘guzi economy’ is transforming retail by integrating pop culture into shopping experiences, capturing the hearts of a new generation of consumers across Asia.
Consumer Trends
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Innovative Consumption Models Ignite China’s ‘Holiday Economy’ Ahead of National Day
Regions across China are creating new consumption scenarios and business models to welcome an expected surge in consumer activities during the National Day holiday from October 1 to 7.
Slimmed-Down Mooncakes: Modern Simplicity Meets Chinese Tradition
China’s mooncakes are embracing modern simplicity as regulations curb excessive packaging. With sales booming, these traditional pastries reflect a shift towards sustainable and rational consumption.
Tech Innovations Ignite China’s Sunscreen Boom Amid Scorching Summer
China’s sunscreen economy is booming as companies leverage technology to meet growing consumer demand for advanced sun protection products amidst scorching summer heat.
Service Consumption Drives China’s Economic Growth in First Half of 2024
Service consumption has become a new engine for China’s economic growth in the first half of 2024, with the service industry’s contribution to GDP surpassing 50 percent and retail sales of services surging.
Evolving Consumption Trends Open New Opportunities in China’s Recovering Market
China’s improving economy and shifting consumer trends are creating fresh opportunities as the domestic market recovers, says Ingka Centres China’s president.
Reflections from Hainan Expo 2024: Unveiling Asia’s Consumer Trends
The Hainan Expo 2024 concluded with CGTN reporters sharing insights on Asia’s consumer trends and sustainable innovations, highlighting the region’s influence in global markets.
Chinese Brands Harness Nostalgia to Captivate Generation Z Consumers
Chinese brands are leveraging nostalgia to captivate Generation Z consumers, with 94.7% willing to buy nostalgic snacks or drinks, according to a Topklout report.
Gold Sales Surge in China’s Lower-Tier Cities During Spring Festival
Gold jewelry sales are soaring in China’s lower-tier cities during the Spring Festival, driven by rising incomes and cultural traditions, making these cities key drivers of the gold industry.