The emerging digital market is accelerating Chinese consumers' consumption upgrading. Nowadays, Chinese consumers are more able to consume sensibly. Shopping is no more as easy as "just buy it", according to a report from Accenture. … [Read more...]
China Consumer News, Stats and Insights
Find out China consumer stats insights including Chinese consumer behavior, china consumer price index, china consumer confidence, etc.
New consumption trends in China 2018
The upper middle class and the affluent families will account for 55% of personal consumptions in urban areas in China in the next five years, contributing 81% of the consumption growth in China according to CTR. … [Read more...]
An overview to China’s celebrity economy in 2018
79% of respondents have favorite celebrities in China and 40% of them like to spend money on idol-chasing, according to a report from Penguin Intelligence. … [Read more...]
China’s FMCG sales bounce back to rare double-digit growth
For 12 weeks ending May 18, 2018, consumer spending on FMCG in China grow by 10.0% compared to the same period last year. Hypermarkets, supermarkets, and convenience stores are showing strong signs of recovery. Consumer spending grew by 10% YoY. … [Read more...]
Starbucks’ expansion in China shows increasing consumer upgrading
Starbucks has succeeded in cementing a leading position in China's coffee market in a way that might hard to replicate for other foreign companies. … [Read more...]
China FMCG market 2018 in 7 charts
The FMCG market in China is among the world's most rapidly changing, with almost everything about how products are marketed, sold, and purchased changing at a blistering pace. … [Read more...]
Riding on the craft beer boom in China
China’s craft beer market is growing by 40% annually. Find out some main trends of the category. … [Read more...]
62% Chinese willing to pay more for better shopping experiences
Chinese consumers have high expectations for more comfortable and individualized mobile shopping experiences. Most of them are willing to pay more for goods or service with the better shopping experience. Mobile payment application will play a role in better mobile shopping experience for the emerging economy, according to Worldpay. … [Read more...]
Global tea production to exceed 4.4 million tons by 2027, largely driven by China
China, India, Kenya, and Sri Lanka combined account for 78% of production and 73% of exports of tea market. Most of the tea produced in China and India is consumed internally while the bulk of the tea produced in Kenya and Sri Lanka is exported. … [Read more...]
How would China’s tariff cuts on imported cosmetics products affect brands?
The Chinese government announced on May 30 that it will significantly lower import tariff on many consumer goods. Among them, the average tariff rate for detergents, cosmetics such as skin care and hair care products, and some medicine and health products will be cut from 8.4% to 2.9%. … [Read more...]
These 6 key marketing factors can help draw more FMCG Chinese buyers
When China’s FMCG growth returns, it doesn’t automatically happen to every brand. Here are six key factors. Kantar Worldpanel has reported that spending in fast moving consumer goods (FMCG) grew by 4.3% in 2017 from a year ago, which is 0.7 percentage point higher than that in 2016 and the fastest in three years. This signals the end of the FMCG slowdown China has … [Read more...]
How to command price premium in China
In China market today, “consumption upgrading” is a buzzword, which means Chinese consumers are no longer focusing only on cheap prices, they are now more willing to pay a premium for products/services whose prices they view as justified: it might be better quality, quicker delivery, better brands, smarter functions, or a combination of various factors. … [Read more...]
BrandZ Top 100 Most Valuable Chinese Brands Report 2018
Brands pursue the ‘Chinese Dream’, growing total brand value by a record 23% to US$683.9 billion. Technology giant Tencent has retained the coveted title of China’s most valuable brand for a fourth consecutive year, achieving a brand value of US$132.2 billion, a 25% year-on-year increase, according to WPP and Kantar Millward Brown’s 2018 BrandZ™ Top 100 Most Valuable Chinese … [Read more...]
[INSIGHTS] China texas poker players exceeded 60 million
![[INSIGHTS] China texas poker players exceeded 60 million](https://www.chinainternetwatch.com/wp-content/uploads/texas-poker-gaming-generic-150x150.jpeg)
One day, the Beijing police clamped into a private dining room in the Dongcheng District, whereby a venture capital circle chief sat. At this point, the chief and his admirers are sitting around the Texas poker table with lots of chips on hand, and the phone screen filled with money transfers. … [Read more...]
Chinese post-90s overview in 2017
188 million Chinese post-90s mostly live in third and lower-tier cities in China are more focused on enjoying their lives than post-80s and pursuing a healthy, natural, and personalized lifestyle. … [Read more...]
REPORT The rise of the Millennials consumers in China
31% of Millennials in a KPMG survey expect a significant increase in their income over the next five years compared to just 18 percent of non-Millennials. Their rise to become a key component of China’s retail market is therefore underway. … [Read more...]