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2023 China Consumer Trends
2023 China Consumer Trends
At the end of 2022, the three-year epidemic was over in China. Chinese consumers will be looking forward to and preparing for the return to normalcy in their work and life. All these will stimulate the long-dormant consumer enthusiasm in 2023 when the consumer market will achieve a "gradual rebound." What are key consumer purchasing trends that we need to keep a close eye on in the next year? 1. Maintain prudent consumption for value for money and quality of…
Full Guide of Chinese Shopping Festivals
Introduction No other country in the world celebrates shopping festivals as much as China. The best known of these is Singles Day, or Double 11, when sales records are broken every year and this trend seems to stay. However, there is much more to China than Singles Day. In addition to the major national holidays, there are other events that companies should prepare for. Below we present the biggest Chinese shopping festivals in chronological order. In doing so, we go…
What is Zhihu? A complete guide of the Chinese Q&A platform
Zhihu - the Chinese question and answer platform When people want to find an answer to their question, they most likely think of Google. This is not surprising, as Google holds around 86% of the global search engine market share (Statista 2021). Source: kr-asia.com Zhihu, the Chinese Q&A website and the Chinese equivalent of Quora. In 2021, there were more than 420 million registered users, 100 million monthly active users (MAU), spending an average of 70 minutes/day on Zhihu (Zhihu…