China Internet Watch https://www.chinainternetwatch.com China Internet Stats, Trends, Insights Thu, 06 Mar 2025 13:03:07 +0000 en-US hourly 1 https://www.chinainternetwatch.com/wp-content/uploads/cropped-ciw-logo-2019-v1b-80x80.png China Internet Watch https://www.chinainternetwatch.com 32 32 10 Marketing Trends in China to Watch in 2025 https://www.chinainternetwatch.com/47255/10-marketing-trends-in-china-to-watch-in-2025/ Tue, 07 Jan 2025 10:59:00 +0000 https://www.chinainternetwatch.com/?p=47255

As the curtains close on a turbulent 2024 marked by global economic headwinds and widespread fatigue, many brands, marketers, and consumers find themselves looking ahead to 2025 with cautious optimism.

Economic indicators suggest a modest rebound—what some analysts are calling a “wobbly recovery.” However, from the reemergence of brand advertising to the proliferation of AI-driven creative content, the year ahead is likely to usher in a variety of nuanced shifts rather than a dramatic turnaround.

Below are ten key marketing trends poised to define 2025, drawn from industry data, consumer behavior surveys, and the evolving realities of an uncertain global marketplace.

1. Brand Mindshare Revisited: The Comeback of Brand Advertising

After years of “traffic-first” strategies, which focused heavily on short-form video promotions and livestream sales to drive immediate conversions, brands are waking up to the stark limits of pure volume-chasing.

As user acquisition cost...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
Searches Surge 500% as EDC Toys Become Popular for Stress Relief in China https://www.chinainternetwatch.com/47240/edc-toys/ Mon, 21 Oct 2024 11:49:36 +0000 https://www.chinainternetwatch.com/?p=47240

In 2024, a unique trend has emerged in China, where EDC (Every Day Carry) toys have skyrocketed in popularity, especially among men. According to data from Taobao, searches for EDC toys increased by 532% year-on-year, with transaction growth reaching an impressive 345%. Over 70% of buyers are male, particularly those between the ages of 18 and 40.

What Are EDC Toys?

EDC, originally an acronym for “Every Day Carry”, refers to small items that people carry daily for practical use.

Initially, the EDC concept emerged from enthusiasts of pocket knives and tools in Western countries, focusing on the utility and aesthetic appeal of the items. Over time, the concept has evolved, and now includes stress-relief toys like spinners, magnetic clickers, and “slap coins,” which have become a favorite pastime for many men looking for a way to unwind.

These toys offer a tactile experience that has won over a large portion of the male population. The appeal of EDC toys lies not jus...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
China’s Cooking Robotics Market Sees Rapid Growth Amid Challenges https://www.chinainternetwatch.com/47215/cooking-robotics-market/ Mon, 26 Aug 2024 00:14:00 +0000 https://www.chinainternetwatch.com/?p=47215

China's domestic cooking robotics market, though still in its nascent stages, is witnessing significant growth, according to recent data from Aowei Cloud. In the first half of 2024, online sales revenue for cooking robots reached RMB 130 million (approximately USD 17.8 million), marking a robust year-on-year increase of 41.2%.

Sales volume surged even more impressively, with 67,000 units sold, representing an 82.1% growth compared to the same period last year.

Market Overview and Consumer Adoption

Despite these encouraging figures, the overall market size for household cooking robots remains relatively small. Public awareness and acceptance of this new kitchen technology are still limited, and the relatively high price points are dampening wider consumer adoption.

Currently, only about 25 brands offer cooking robots online in China, reflecting a market that is gradually expanding but remains cautious.

Price remains a significant factor in the purchasing decision f...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
Live Streaming on RED: The New Solution for Sexual Wellness Brands? https://www.chinainternetwatch.com/47207/live-streaming-red-sexual-wellness-products/ Tue, 06 Aug 2024 00:10:00 +0000 https://www.chinainternetwatch.com/?p=47207

Recently, many brands selling adult toys and lingerie have ventured into live streaming on platforms like Xiaohongshu (Little Red Book or RED), with a notable increase in female-oriented products. These live streams, much like those for beauty and fashion, are brightly lit and tastefully designed, with hosts discussing various products as if they were ordinary household items.

These sexual wellness products often have playful names like “rabbit” or “seal,” and discussions replace anatomical terms with euphemisms. If one doesn't listen closely, it might be hard to identify these products as sexual wellness items at first glance.

A Changing Landscape for Sexual Wellness Products

Historically, marketing sexual wellness products on short video platforms was strictly prohibited. Late last year, Douyin (China's TikTok) allowed adult product categories on its e-commerce platform but limited them to shelf listings without live streaming privileges.

This year, several e-commer...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
China FMCG Market Trends 2024 https://www.chinainternetwatch.com/47190/brand-footprint-report/ Wed, 03 Jul 2024 05:00:00 +0000 https://www.chinainternetwatch.com/?p=47190

Kantar Worldpanel has released its "2024 Brand Footprint Report" detailing the top 50 most chosen brands in China’s fast-moving consumer goods (FMCG) market. The report reveals key drivers of brand growth in the new market reality through an analysis of the performance of these leading brands.

The report uses Consumer Reach Points (CRPs) as a metric to identify the brands most chosen by consumers globally and those with the fastest growth.

Key Findings from the Report:

Top Brands: Yili, Mengniu, Master Kong, and Haitian remain the top four consumer choices, with Uni-President re-entering the top ten list.

New Entrant: Baixiang has made it into the top 50 for the first time, becoming the fastest-growing brand.

Consumer Preferences: In 2023, there was a notable shift in consumer purchasing preferences, with beverages accounting for six of the top ten categories for attracting new consumers.

Brand Growth: Reaching more consumers remains the cornerstone of brand gro...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
China’s Top 50 Global Brands for 2024 https://www.chinainternetwatch.com/30833/brandz-top-brands/ Tue, 02 Jul 2024 12:20:59 +0000 https://www.chinainternetwatch.com/?p=30833 The latest report from Kantar BrandZ, “2024 China’s Top 50 Global Brands,” highlights the dynamic growth and global reach of Chinese brands. The study, which has been conducted annually, provides valuable insights into the leading Chinese brands that have made significant impacts in international markets.

Top Performers

ByteDance, Xiaomi, and SHEIN lead the list, showcasing the strength of Chinese brands in the entertainment, electronics, and fashion sectors.

Lenovo, Huawei, and AliExpress also remain strong contenders, emphasizing the diversity and innovation in China’s tech and e-commerce industries.

Sector Growth

Smart devices, automobiles, and e-commerce experienced the fastest brand power growth, with China’s industrial ecosystem and technological innovations providing a competitive edge.

Consumer electronics, entertainment apps, and online fashion account for a substantial portion of the brand power growth.

Brand Expansion

Chinese brands have successfully penetrated international markets, with notable growth in regions like Europe, North America, and Southeast Asia.

Brands like BYD and NIO in the automotive sector, and OPPO and Vivo in consumer electronics, have expanded their global footprints, contributing to the increasing brand power.

Market Trends

The report highlights a shift in consumer preferences towards brands that offer meaningful differentiation and high engagement. Brands that have successfully created unique and compelling brand experiences have seen significant growth.

There has been a notable increase in the brand power of mid-sized brands, indicating a shift from the dominance of top-tier brands to a more competitive landscape.

Notable Brand Highlights

  • ByteDance: As a global leader in digital content and social media, ByteDance’s platforms like TikTok have become household names worldwide, driving significant brand recognition and engagement.
  • Xiaomi: Known for its high-quality yet affordable electronics, Xiaomi continues to expand its product lines and market reach, solidifying its position as a leading global brand.
  • SHEIN: The online fashion retailer has disrupted traditional retail with its fast-fashion model, capturing a significant global market share and expanding rapidly across multiple regions.
  • BYD: In the automotive sector, BYD’s focus on electric vehicles has positioned it as a key player in the global shift towards sustainable transportation solutions.
  • OPPO and Vivo: These smartphone giants have continued to innovate and expand their international presence, offering advanced technology and appealing to a broad consumer base.

Strategic Insights

The report suggests that the key to the success of Chinese global brands lies in their ability to offer meaningful differentiation and engage deeply with consumers. Brands that can innovate and adapt to changing consumer preferences will continue to thrive in the competitive global market.

  • Consumer Engagement: Successful brands have invested in understanding and meeting the functional and emotional needs of their consumers, creating strong brand loyalty and advocacy.
  • Technological Innovation: Continuous investment in technology and innovation has enabled Chinese brands to stay ahead of the curve, offering cutting-edge products that resonate with global consumers.
  • Global Strategy: A tailored approach to international markets, considering local preferences and cultural nuances, has been crucial for the expansion and acceptance of Chinese brands abroad.

Top 50 Brands from Kantar BrandZ 2024 China Global Brands

  1. ByteDance
  2. Xiaomi
  3. SHEIN
  4. Lenovo
  5. Huawei
  6. AliExpress
  7. Haier
  8. TEMU
  9. OPPO
  10. Hisense
  11. TCL
  12. Tencent
  13. vivo
  14. Chery
  15. BYD
  16. Anker
  17. DJI
  18. MiHoYo
  19. OnePlus
  20. Kuaishou
  21. realme
  22. GWM
  23. TP-LINK
  24. HONOR
  25. Lynk & Co
  26. MAXUS
  27. Insta360
  28. WORX
  29. Lilith
  30. Century Games
  31. JAC
  32. Roborock
  33. CHANGAN
  34. Geely
  35. Midea
  36. DiDi
  37. POCO
  38. ECOVACS
  39. Trip.com
  40. Magic Tavern
  41. Habby
  42. Tsingtao Beer
  43. EcoFlow
  44. Infinix
  45. IGG
  46. Kunlun
  47. eufy
  48. 37Games
  49. NetEase Games
  50. LightInTheBox

BCG: The most innovative Chinese companies

]]>
China AR/VR market faces decline in Q1 2024, but optimism for H2 growth https://www.chinainternetwatch.com/34043/ar-vr-headsets-shipment/ Tue, 18 Jun 2024 13:18:01 +0000 https://www.chinainternetwatch.com/?p=34043

According to IDC's latest data, China's AR/VR headset shipments totaled 107,000 units in the first quarter of 2024, representing a significant year-over-year decline of 37.8%. Despite this downturn, the market shows signs of potential recovery in the latter half of the year.

In Q1 2024, the Augmented Reality (AR) segment saw shipments of 8,000 units, marking an impressive year-over-year increase of 119.2%. The Extended Reality (ER) segment experienced even more robust growth, with shipments reaching 44,000 units, up 136.2% from the previous year.

Conversely, Mixed Reality (MR) shipments dropped by 52.7% to 34,000 units, and Virtual Reality (VR) shipments fell sharply by 72.6% to 22,000 units.

Market Insights and Trends

AR and ER Market Analysis

The combined AR and ER market saw a total of 52,000 units shipped in Q1 2024. Splittable glasses led the ER segment with 44,000 units, reflecting a 150.4% year-over-year growth. Integrated glasses shipments were 8,000 units, ...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
The Hidden Dangers of “Wild” Medical Care: Online Orders Pose Significant Risks https://www.chinainternetwatch.com/47149/online-medical-care-online-orders/ Wed, 12 Jun 2024 05:47:21 +0000 https://www.chinainternetwatch.com/?p=47149

A recent report by Xinhua Daily Telegraph highlights the growing concerns around the proliferation of unauthorized medical care services being offered through online platforms.

Titled “The Hidden Dangers of 'Wild' Medical Care: Online Orders Pose Significant Risks,” the report sheds light on the risks posed by third-party nursing platforms that recruit medical personnel to provide in-home care services, often in violation of regulations.

In the age of digital convenience, patients confined to their beds in China can easily find nursing services with just a few taps on their mobile phones.

However, the seemingly simple process of converting patient needs into service orders and distributing them via WeChat groups to hundreds of nurses has revealed significant legal and safety issues.

Unauthorized Practices and Safety Concerns

Recently, the Shanghai Railway Transport Procuratorate discovered that nurses from a private hospital's orthopedic department were using a nu...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
China’s Coffee Boom Brews Up a $38 Billion Market https://www.chinainternetwatch.com/47026/coffee-market-overview/ Tue, 14 May 2024 06:31:00 +0000 https://www.chinainternetwatch.com/?p=47026 The Chinese coffee industry is experiencing rapid growth, reflecting significant changes in consumer habits and market dynamics. According to the “2024 China City Coffee Development Report”, the sector’s expansion highlights not only increased consumption but also a broader economic and cultural shift within the country.

Rising Coffee Consumption

In 2023, China’s coffee industry reached a market size of approximately 265.4 billion yuan ($38.5 billion), with an annual compound growth rate of 17.14% over the past three years.

This growth trajectory suggests that the market size could increase to 313.3 billion yuan ($45.4 billion) by 2024.

A remarkable aspect of this rise is the per capita coffee consumption which stood at 16.74 cups in 2023, a clear indicator of coffee’s burgeoning popularity in a traditionally tea-drinking nation.

Shanghai: The Coffee Capital of China

Shanghai is at the forefront of this coffee revolution, hosting the highest number of coffee shops in the nation.

With 9,553 coffee outlets, the city accounts for 6.1% of all coffee shops across China. This concentration not only emphasizes Shanghai’s pivotal role in the coffee industry’s growth but also mirrors urban lifestyle trends and the influence of Western culture.

Import Trends and Economic Implications

The import value of coffee-related goods reached a new high of 7.81 billion yuan ($1.13 billion) in 2023, underscoring the increasing domestic demand for quality coffee products.

This surge in imports has implications for international trade and offers significant opportunities for global coffee exporters looking to enter or expand within the Chinese market.

Challenges

Despite the promising growth, the coffee industry in China faces several challenges.

Issues such as market saturation in urban centers, variability in coffee quality, and the environmental impact of increased coffee consumption and importation are becoming increasingly significant.

Addressing these challenges is crucial for sustaining growth and ensuring the industry’s long-term viability.

As China continues to embrace coffee, the industry’s rapid growth is more than just a trend; it is a reflection of changing cultural preferences and economic modernization. The coffee sector’s expansion is likely to continue influencing not only the global coffee market but also the socio-economic landscape within China.

The future will likely see further integration of coffee into the Chinese lifestyle, promising ongoing opportunities for market players and consumers alike.

Blue Bottle Coffee Opened in Shanghai

]]>
China Digital Landscape 2024 – Medical Services https://www.chinainternetwatch.com/43737/digital-medical-services-trends/ Mon, 08 Apr 2024 06:00:00 +0000 https://www.chinainternetwatch.com/?p=43737 By December 2023, China’s internet medical services user base reached 414 million people, an increase of 51.39 million from December 2022, accounting for 37.9% of China internet users, according to data from CNNIC.

In 2023, China’s internet medical sector enjoyed a wave of favorable policies, significant revenue growth, and accelerated application of digital technologies, showcasing an overall positive development trend.

Strong policy guidance played a crucial role in March, with the issuance of “Opinions on Further Improving the Healthcare Service System” by the General Office of the Communist Party of China Central Committee and the General Office of the State Council.

These policies stressed leveraging information technology to develop “Internet + Healthcare” initiatives, construct smart platforms for the medical field, and fast-track the application of the internet, blockchain, and IoT in healthcare, thereby enhancing the provision of high-quality medical services.

Revenue growth for internet medical enterprises was notably significant. The service coverage of these companies expanded continuously, driving substantial revenue increases.

In the first half of the year, JD Health extended its reach to over 400 cities nationwide, covering more than 100,000 stores, which propelled a 34.0% year-on-year revenue increase.

From March to September, Alibaba Health’s income and profit grew by 12.7% and 172.2%, respectively, with the number of merchants on its Tmall Health platform exceeding 32,000, an increase of more than 4,000 compared to the previous year.

The deployment of digital technologies also saw rapid progress. The deep integration of digital technologies like artificial intelligence and cloud computing with the medical industry led to the preliminary formation of AI medical models and smart medical information platforms.

In July, SenseTime launched the “SenseCare Smart Hospital” comprehensive solution, focusing on smart diagnosis and treatment, medical research, and other scenarios. This solution provides hospitals with one-stop services to improve treatment outcomes, optimize patient experiences, and support the smart transformation of hospitals.

China Internet Overview

]]>
New Trends among Chinese Mobile Users: Thriftiness, Health, and Experience Take Center Stage https://www.chinainternetwatch.com/43713/mobile-users-behaviors/ Wed, 27 Mar 2024 23:00:00 +0000 https://www.chinainternetwatch.com/?p=43713

The landscape of China's mobile internet usage, as detailed by QuestMobile's data, reveals nuanced behaviors and shifting trends among users.

The insights cover various facets of digital interaction, including changes in user engagement, the resurgence of cultural and tourism activities, and the evolution of consumer consumption patterns towards more rational and health-conscious decisions.

Adjusting Digital Engagement

There's a slight decrease in the stickiness of user engagement with the internet, marking an 11.4-hour reduction in monthly average usage time. This shift suggests users are becoming more selective in their online activities, possibly seeking more meaningful content or balancing digital interaction with offline experiences.

Cultural and Tourism Activities as Consumer Boosters

The data highlights a significant trend towards increased engagement in cultural and tourism-related scenarios.

Segments such as movie performances, train services, car serv...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
China’s Bluetooth Headset Market Rebounds with a 7.5% Surge in 2023 https://www.chinainternetwatch.com/43626/bluetooth-headset-market-2023/ Wed, 06 Mar 2024 00:06:00 +0000 https://www.chinainternetwatch.com/?p=43626

In 2023, China's Bluetooth headset market witnessed a notable rebound, with sales volumes reaching approximately 85.52 million units, marking a 7.5% increase year-over-year, according to data from IDC.

This growth was spearheaded by the true wireless headset segment, which accounted for 60.9 million units, up by 5.1% from the previous year.

The true wireless market in 2023 exhibited significant trends including a decrease in average prices and an increase in the popularity of semi-in-ear products.

Average prices fell to 365 RMB (pre-tax), a drop of 11.2%, primarily due to technological maturity and cost reduction.

Semi-in-ear products saw a 16% year-over-year increase in sales, making up nearly 40% of the market, up by almost 4 percentage points, reflecting a shift in consumer preference towards comfort for extended wear, especially with the rise of immersive audio applications like short videos and live streaming.

Another segment that experienced rapid growth wa...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
Apple Leads Amid Surging Foldable Smartphone Interest in China https://www.chinainternetwatch.com/43431/smartphone-2023/ Tue, 20 Feb 2024 08:00:00 +0000 https://www.chinainternetwatch.com/?p=43431 In 2023, China’s smartphone market underwent significant changes, with Apple capturing a leading 17.3% market share despite a 5.0% dip in overall shipments to 271.3 million units, the lowest in a decade, as per IDC. This contraction mirrors cautious consumer spending amidst a slow economic recovery.

However, the last quarter saw a 1.2% year-over-year increase in shipments, thanks to strong demand for premium smartphones, particularly in major cities. Apple’s strategic price cuts through third-party channels played a pivotal role in this growth, as did Honor’s reinforced channel partnerships and diversified product offerings, securing their respective top spots in the market.

A remarkable turnaround was Huawei’s re-entry into the top five, after more than two years, suggesting a revitalized competitive landscape. Despite these shifts, the final quarter of 2023 revealed nuanced dynamics: Apple and Honor slightly decreased their market shares, while Huawei saw a significant 36.2% increase, and the ‘Others’ category grew by 11.9%, indicating a diversifying market.

In contrast, Q4 2023 observed a 1.2% year-over-year uplift in shipments to 73.6 million units, halting a streak of declines over ten quarters. This rebound was spearheaded by robust demand for premium smartphones in major cities, while the market for lower-end phones lagged, despite their majority share in China’s market.

Arthur Guo, a senior research analyst at IDC China, highlighted Apple’s ascent to prominence amidst stiffened competition and subdued spending. Apple’s strategic price cuts through third-party channels spurred demand, securing its dominance.

Concurrently, Honor solidified its second position through enhanced channel partnerships and a diversified product suite, appealing to both high-end and mid-range segments.

A notable event in 4Q23 was Huawei’s resurgence in the top five after a hiatus exceeding two years, notes Will Wong, IDC Asia/Pacific’s senior research manager. This comeback intensifies competition in the world’s most significant smartphone arena.

The data reveals a mixed picture:

  • Apple’s market share declined slightly from 20.6% in Q4 2022 to 20.0% in Q4 2023, indicating a -2.1% change.
  • Honor also saw a slight dip from 17.1% to 16.8%, a -0.9% change.
  • Vivo’s market presence shrank by -8.4%, dropping to 15.7% from 17.4%.
  • Huawei defied the trend, soaring by +36.2% to reach a 13.9% market share, up from 10.3%.
  • OPPO’s share fell by -16.1% to 13.7%, down from 16.5%.
  • The ‘Others’ category grew by +11.9%, accumulating a 20.0% share, a significant collective rise.

The overall market dynamics for 2023 contrast with the final quarter, suggesting a nuanced recovery trajectory. While Apple and Honor lead the charge, with Huawei’s return signaling a potential market shakeup, companies like Vivo and OPPO may need to rethink strategies to maintain their footholds.

The Rise of Foldable Smartphones

In a notable development, IDC’s latest quarterly mobile phone tracker highlights the explosive growth of China’s foldable smartphone market, with shipments reaching approximately 2.77 million units in Q4 2023, a staggering 149.6% year-over-year increase.

This surge is propelled by new releases from Huawei, OPPO, and Honor, marking a continuous rapid growth trend for the fourth consecutive year, with a total of 7.01 million units shipped in 2023, up 114.5% from the previous year.

Improvements in hardware technology, software applications, and a drop in prices have enhanced the consumer experience and widened the foldable smartphone’s appeal. The price segment of $400-$600 is becoming increasingly populated, reflecting the segment’s potential for further growth.

Market Preferences and Performance

Consumers have shown a preference for horizontally folding devices over their vertically folding counterparts, despite the latter’s lower price points, due to the superior screen experience they offer.

Horizontally folding models, especially favored by the business sector for mobile office use, regained market share, reaching 68.1%, a 10.4 percentage point increase from the previous year.

In terms of market performance, Huawei dominated the foldable market with its Mate X5 series, capturing a 37.4% share.

OPPO followed with an 18.3% share, leading the vertically folding segment. Honor’s aggressive push in the second half of 2023 earned it third place, with a 17.7% share and the fastest growth rate of 467.0%. Samsung and Vivo rounded out the top five, facing stiff competition in the vibrant Chinese market.

Future Outlook

Arthur Guo of IDC China underscores the importance of balance between design and reliability in the foldable market.

As manufacturers vie for dominance in 2024, the foldable smartphone segment is set to continue its rapid expansion, driven by innovation and an increasing number of market players.

This evolving landscape suggests a dynamic future for China’s smartphone market, with foldable technology at the forefront of the next wave of mobile innovation.

]]>
Douyin’s Billion-Dollar Brands Reveal China’s 2024 Digital Trends https://www.chinainternetwatch.com/43447/douyin-consumer-trends-2024/ Thu, 01 Feb 2024 00:26:46 +0000 https://www.chinainternetwatch.com/?p=43447

In 2023, China's digital commerce arena, led by Douyin (TikTok's China version), displayed extraordinary growth, with its GMV expanding by a staggering 277%.

This surge signifies a pivotal shift in the digital commerce landscape, challenging established e-commerce players like JD.com and Pinduoduo.

The top 10 brands on Douyin, including Duck Duck (8 billion yuan), Apple (6 bn), and Huawei (5 bn), each garnered sales surpassing 3 billion yuan, highlighting a robust consumer base and high per-customer spending, according to iHeima.
The Renaissance of Traditional Chinese Brands
Traditional Chinese brands, having once lagged behind global counterparts, are now experiencing a resurgence.

Brands founded in the 1970s like YaYa, Yalu, and Romon, previously eclipsed in the 90s, are now regaining popularity.

This revival reflects China's evolving economic model focusing on domestic and international dual circulation and a consumer shift towards rational spending and value for money...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
Baidu AI Cloud and Samsung’s Strategic AI Partnership for Galaxy S24 https://www.chinainternetwatch.com/43436/baidu-ai-cloud-samsung-partnership-galaxy-s24/ Sat, 27 Jan 2024 03:34:44 +0000 https://www.chinainternetwatch.com/?p=43436 Samsung Electronics China and Baidu AI Cloud have joined forces to integrate Baidu’s advanced ERNIE AI model into the Galaxy S24 Series.

This partnership, announced on January 25, aims to revolutionize AI capabilities in Samsung’s flagship smartphones. The integration of ERNIE into Samsung’s Galaxy AI enhances the S24 Series with features like intelligent summarization, advanced typesetting, and real-time call translation.

This collaboration brings ERNIE’s content understanding and generation capabilities to the Samsung Note Assistant, enabling it to translate and summarize extensive text efficiently.

The S24 Series boasts AI-driven features such as real-time speech-to-text transcription, speaker differentiation, multi-language translation, and automated meeting minutes generation, thus streamlining cross-language communication and office tasks.

The S24 Series introduces the “Circle to Search” feature, allowing intuitive searches across texts, images, or videos via simple hand gestures powered by Baidu Search for accurate and quick results.

Chen Yifan, Vice President of Baidu, highlights ERNIE Bot’s potential for diverse applications, especially given its multimodal data processing and personalization capabilities.

Launched in October of the previous year, ERNIE 4.0 marks Baidu’s most advanced AI foundation model, already serving over 100 million users. Baidu AI Cloud simplifies AI-native application development, offering ModelBuilder and AppBuilder tools to ease the creation of customized AI models.

Global market intelligence firm IDC predicts a surge in AI-enabled devices in China, forecasting that by 2024, over 70% of devices will feature AI functionality, representing 55% of the market.

]]>
Starbucks’ Strategic Alliance with “Journey to the West” in China https://www.chinainternetwatch.com/43428/starbucks-journey-to-the-west/ Thu, 25 Jan 2024 10:59:31 +0000 https://www.chinainternetwatch.com/?p=43428 In a strategic move, Starbucks has entered the Chinese co-branding arena, partnering with the iconic “Journey to the West”. This marks Starbucks China’s first beverage collaboration, notably with a Chinese IP – the “superhero” Sun Wukong.

starbucks-journey-west

The featured product of this collaboration is the “Flowing Latte”, designed primarily for delivery. Its unique appeal lies in the gradual separation and freezing of coffee cream and milk during delivery, ensuring a distinct, semi-frozen texture upon arrival. Flavors include French Caramel, Rum Chocolate, and the upcoming Rose.

This collaboration extends beyond online platforms. In-store, the “Peach Feast” series, inspired by the Peach Banquet scene from “Journey to the West”, offers two flavors – Golden Roast Peach Oolong and Golden Roast Oat Peach Latte.

Starbucks’ approach differs from domestic brands like Luckin Coffee, which cater to price-sensitive youths and capitalize on marketing stunts. Starbucks opts for a more conservative strategy, partnering with well-known Chinese content IPs to reinforce its premium positioning.

Despite its cautious approach, Starbucks’ choice of Sun Wukong represents a significant concession to the Chinese market. Sun Wukong’s international appeal aligns with Starbucks’ global brand image, yet it may seem outdated or lack excitement for younger Chinese consumers, who prefer contemporary trends.

Starbucks’ commitment to brand uniformity is evident in its decision not to design custom packaging for this collaboration. This reflects a balancing act between appealing to the local market and maintaining a consistent global brand identity.

In the post-pandemic era, Starbucks has emphasized the importance of the Chinese market. The brand has announced various localization strategies, including the “Ten Thousand Stores Plan”, investment in supply chains, and accelerated product innovation.

Starbucks’ response to the evolving Chinese coffee market has been strategic. The brand is adapting to stay relevant with aggressive competitors like Luckin, HeyTea, and Naixue. Initiatives include offering discounts, live-stream sales, and rapidly introducing new products.

In conclusion, Starbucks’ collaboration with “Journey to the West” represents a cautious yet strategic approach to innovation and tradition in China’s dynamic market. While maintaining its core brand values, Starbucks is learning and adapting to remain a leader in the evolving Chinese coffee industry.

]]>
Top Chinese FMCG Brands 2023 https://www.chinainternetwatch.com/43021/top-chinese-fmcg-brands-2023/ Tue, 11 Jul 2023 13:01:44 +0000 https://www.chinainternetwatch.com/?p=43021

Kantar Worldpanel, CTR's partner in China, has unveiled its eleventh annual Global Brand Footprint Report, ranking brands in China's rapidly changing consumer goods market for 2023.

The report uses a unique metric called Consumer Reach Points to disclose the most preferred and swiftly expanding brands in the global marketplace.

As per the report, in 2022, Yili, Mengniu, Master Kong, and Haitian remained at the forefront, demonstrating the substantial penetration of leading brands into Chinese households and their resilience in the face of market challenges.

These brands have fortified their connection with consumers by enhancing their strength, channel power, and product innovation.

In contrast, food brand Jinlongyu and lifestyle paper brand C&S broke into the top ten, with Vinda and C&S also securing spots among the fastest-growing brands in 2022.

Most of the brands listed as the fastest growing in 2022 sell essential products, illustrating shifts in consumer be...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
China household consumption trends https://www.chinainternetwatch.com/32045/consumption-trends/ Fri, 23 Jun 2023 11:19:00 +0000 https://www.chinainternetwatch.com/?p=32045

In 2022, the per capita consumption expenditure of the national residents in China was 24,538 yuan, a nominal increase of 1.8% over the previous year, and a real decrease of 0.2% after deducting the impact of price factors, according to the National Bureau of Statistics of China.

In terms of urban and rural areas, the per capita consumption expenditure of urban residents was 30,391 yuan, a nominal increase of 0.3%, and a real decrease of 1.7% after deducting the price factor.

The per capita consumption expenditure of rural residents was 16632 yuan, a nominal increase of 4.5%, and a real increase of 2.5% after deducting the price factor.

The per capita consumption expenditure on food, tobacco and alcohol of the national residents will be 7481 yuan, up 4.2%, accounting for 30.5% of the per capita consumption expenditure;

The per capita consumption expenditure on clothing was 1365 yuan, down 3.8%, accounting for 5.6% of the per capita consumption expenditure;

The per ...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
520 Day: China’s Modern Twist on Celebrating Love https://www.chinainternetwatch.com/7517/internet-valentines-day/ https://www.chinainternetwatch.com/7517/internet-valentines-day/#comments Wed, 17 May 2023 23:00:13 +0000 http://www.chinainternetwatch.com/?p=7517
#520# a trending topic on Weibo on 20 May
#520# a trending topic on Weibo around 20 May in China

What’s this “520 day” that intrigues many in China? The term 520, an abbreviation for May 20, denotes an unofficial Valentine’s Day in China. The number “520” phonetically resembles “Wo Ai Ni” or “I Love You” in Chinese.

While February 14 remains the globally recognized Valentine’s Day, the Chinese honor their affection on several other occasions as well, including May 20 (520 Day) and the Qixi Festival. These days are regarded as Chinese versions of Valentine’s Day, with the 520-day holding special significance as it symbolizes “I Love You.”

Despite not being an official holiday, 520 Day has garnered popularity among couples and singles as an opportunity to express romantic love.

Due to the ongoing pandemic in 2020, the “520 Day” celebration witnessed changes with fewer public gatherings. Nonetheless, businesses capitalized on the festival by initiating online engagement campaigns.

Prada’s 520 campaign page on Weibo

For instance, luxury brand Prada, created a campaign using the hashtag #prada520# on Weibo, one of China’s top social platforms. The campaign featured brand spokesperson Cai Xukun and garnered 180 million views as of May 5.

The “520 Day” traces its roots to Taiwanese singer Fan Xiaolan’s song “Digital Love,” where “520” symbolized “I love you.” Over time, “521” was also interpreted as “I am willing,” and “I love you” in China, earning various epithets like “Marriage Day,” “Love Expression Day,” and “Love Festival.”

These two dates, May 20 & 21, serve as annual internet Valentine’s Days in China, echoing the phrases “I (5) love (2) you (0/1)” in Chinese. While they lack historical roots, they are products of commercial promotions in the 21st century.

Despite not being official holidays, the evenings of these days see restaurants and cinemas bustling and prices surging due to Valentine’s Day celebrations.

May 20 is particularly crucial as men utilize this opportunity to express their romantic love for women, often presenting gifts or ‘hongbao.’ Some couples even choose this date for their wedding ceremony.

The difference between 520 and 521 is that the former is largely a day for women, while the latter caters to men. On May 20, men express “520” (I love you) to their significant other. The subsequent day, women reply with “521” to indicate their reciprocation of love.

For marketers in China, these days present lucrative opportunities for promotions. The rising orders of roses, surging sales of chocolates, and full-house hotels underscore the business potential of the “520-day festival.”

Most Retweeted Photo on Sina Weibo on 20 May
Most Retweeted Photo on Sina Weibo on 20 May in 2014

A few notable examples of this trend include the most retweeted photo on Sina Weibo on May 20, 2014, and a post by The Economist in 2017 asking “how do economists say ‘I love you’?” The topic #Sweet 520# witnessed almost 4 million discussions and over 1 billion views as of noon on May 20, 2017.

Economist’s post on Weibo “how do economists say ‘I love you’?” in 2017

The characteristics of 520 Valentine’s Day include:

  1. Fashionable: “520” resonates with the younger generation who find creative ways to celebrate the day, even choosing this date for their wedding. It’s also a popular topic on WeChat Moments and QQ group chats.
  2. Younger: Those under 30 years old, who are quick to embrace new trends and spend much of their free time on the internet, are the primary followers of 520 day.
  3. Spiritual: Gifts exchanged on May 20 and 21 lean more towards the “spiritual.” It could be a coded message of love sent over the internet or mobile phone.
  4. Implicit: Unlike the globally recognized Valentine’s Day, which is for established couples, the 520 Internet Valentine’s Day is preferred by men and women to subtly express their love using digital codes.

5 key trends shaping the Chinese economy, accelerated by COVID-19

]]>
https://www.chinainternetwatch.com/7517/internet-valentines-day/feed/ 3
China’s CBDC Digital RMB App Launches Express Payment Function on WeChat Pay https://www.chinainternetwatch.com/42594/cbdc-digital-rmb-wechat/ Tue, 07 Mar 2023 13:21:45 +0000 https://www.chinainternetwatch.com/?p=42594

The Digital RMB app, which is China's CBDC, has recently launched an express payment feature on WeChat Pay. The app is currently in a pilot phase and enables users to pay using their digital currency wallet, including the Alipay digital currency wallet. Users need to register with the same phone number associated with their WeChat account.

The default maximum limit for a single payment is set at 5,000 yuan, with a daily cumulative payment limit of 10,000 yuan. Users have the option to adjust these limits.

After the app is successfully installed, users can make payments to merchants that support Digital RMB in WeChat, mainly through WeChat mini-programs. Big names like JD, Wumart, McDonald's, and Haidilao have already started supporting payment in digital RMB.

The app is now renamed "Wallet Express Payment" from the previous "sub wallet payment", which refers to using digital currency wallet payment in other merchants or platform applications. The payment function is divided in...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
Why are Chinese sportswear brands launching coffee products? https://www.chinainternetwatch.com/34963/sportswear-coffee/ Tue, 20 Sep 2022 00:00:34 +0000 https://www.chinainternetwatch.com/?p=34963

It is not new for Chinese shoe and apparel brands to get involved in coffee, tea, and even catering products and services. Earlier, some luxury fashion brands tried to sell coffee drinks in the store.

According to the information on China Trademark Network, Xtep (China) Co., Ltd. recently applied for the registration of 3 "TE coffee" and 3 "XTEP COFFEE" trademarks.

A relevant person from Xtep's marketing department revealed that currently only the flagship store on Chunxi Road in Chengdu City is planned to be opened as a pilot. It will be located on the second floor of the store on Chunxi Road and will provide a variety of coffee and tea.

Xtep is not the first sports shoes and clothing brand to sell coffee.

NING Coffee

In May this year, Li Ning Sports (Shanghai) Co., Ltd. registered the trademark "NING COFFEE". At present, Li Ning has launched coffee services in stores in Beijing, Guangdong, and Xiam...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
Health has become a top factor for Chinese consumers’ food purchase https://www.chinainternetwatch.com/34121/jd-chinese-consumers/ Wed, 13 Jul 2022 11:20:10 +0000 https://www.chinainternetwatch.com/?p=34121

Chinese purchase of food, detergent, and other necessities requires a high brand trust from customers and indicates characteristics of high purchase frequency and strong user stickiness, according to a report jointly released by JD and Economic Daily News.

Meanwhile, a large proportion of customers initially turn to online food shopping for a “better diet”; they have clear health, nutrition, safety, taste, and more demands.

Health has become the primary consideration for consumers in food selection. Mixed grains, low-fat, and low-sugar products have seen rapid growth, with organic certified products up 110 percent year-over-year (YoY) in variety and 78 percent YoY in sales volume.

Cooking oil is another example to illustrate Chinese consumers’ demand in health under different scenarios. The purchase proportion of refined oils continues to grow, indicating that Chinese consumers are more inclined to make their own decisions about different oil use scenarios.

Another phenomen...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
Top Chinese liquor brand Moutai starts selling ice cream https://www.chinainternetwatch.com/33698/moutai-ice-cream/ Tue, 14 Jun 2022 00:30:40 +0000 https://www.chinainternetwatch.com/?p=33698

Selling ice cream in Maotai is not a fad, but a long plan.

Maotai has initially launched three flavors of ice cream: original, vanilla, and tiramisu, selling at 39 yuan (US$5.8). According to its official disclosure, the R&D team is still experimenting with other Maotai ice cream of various flavors.

In the future, Maotai will open ice cream stores in many locations across the country. For the applicable population, because Maotai ice cream contains a certain alcohol concentration, minors, pregnant women, and people with alcohol allergies should not eat it.

The Maotai ice cream in the store is made based on 50g 53% ABV Feitian Moutai for every 1kg of milk, and the specific measured alcohol level may fluctuate.

At present, there are no restrictions on the purchase of ice cream in the store. The ice cream sold can be eaten normally by minors and will not affect driving.

Maotai ice cream has a slight taste of Maotai liquor, which is the product of its strategic coope...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
American coffee brand “Blue Bottle Coffee” opened its first store in China https://www.chinainternetwatch.com/33194/blue-bottle-coffee-store/ Mon, 07 Mar 2022 00:00:02 +0000 https://www.chinainternetwatch.com/?p=33194

On February 25th, the American coffee brand "Blue Bottle Coffee" opened its first store in mainland China. On the opening day, fans lined up to buy; large number of customers waited outside the store and lined up for hundreds of meters. Even many scalpers were eyeing the business of reselling the coffee.

That morning, the whole Suzhou River was crowded. Before eight o'clock, a long queue had been formed in front of the coffee shop. At nine o'clock, the "inner ring" queue turned three columns, and the queue needs to start at the "outer ring".

During the whole opening period, it took an average of 3 hours from queuing to entering the store. Some even got up in line at 6 o'clock just for a cup of Blue Bottle Coffee.

The opening of the first Blue Bottle Coffee store has even attracted many scalpers. According to media reports, although there are restrictions on the passenger flow in the store, there was no limit on the number of cups of coffee purchased by a single customer be...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
China Digital Luxury Report 2021 https://www.chinainternetwatch.com/31265/bcg-luxury-consumer-behavior/ Mon, 07 Feb 2022 11:00:19 +0000 https://www.chinainternetwatch.com/?p=31265

China's post-90s (those born after 1990) are expected to contribute to 46% of China’s luxury purchases in 2021, according to joint research by Tencent Marketing Insight (TMI) and Boston Consulting Group (BCG).

China's post-90s already make up 50% of the luxury goods buyers in the country, with a fast growth rate of between 25-35 percent in the past year.

Younger consumers were likely to buy luxury items as a way to express or reward themselves, as well as to experience the brand. They also valued new shopping experiences such as more interactive online shopping or newly launching brands’ pop-up stores.

Heavy-spending consumers who spend more than 300,000 yuan (US$47,000) annually on luxury items represent 40% of the total luxury sales. The number of people in this category will grow at least 28% in the coming year and brands should focus on driving repeat purchases and brand loyalty to continue the momentum according to the Tencent report.

Consumers at large tend to switch ...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
Trending shopping attitudes of Chinese consumers https://www.chinainternetwatch.com/32930/consumer-shopping-attitudes/ Tue, 14 Dec 2021 00:36:52 +0000 https://www.chinainternetwatch.com/?p=32930

With the continuous improvement of income and consumption level, Chinese consumers are realizing their consumption influence on the brand and society. More and more Chinese consumers choose ethical, environment-friendly, and local products and make conscious purchase decisions, according to a recent report from Publicis Groupe.

Despite the impact of the epidemic, China's economy has maintained stable development and stimulated consumer demand under the guidance of the "double cycle" strategy.

The emergence of new powerful consumer groups such as "new middle class" and "Generation Z" continues to promote consumption upgrading. 46% of consumers said that the current consumption is more for spiritual or emotional needs than to meet material needs.

Expectations for the brand: support our common ideal
35% of Chinese consumers believe that "taking social responsibility" is the most important action and role that brands should take, and 79% said that enterprises should give full p...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
Chengdu Becomes the Largest Imported-Wine Market in China https://www.chinainternetwatch.com/32838/chengdu-imported-wine-market/ Wed, 01 Dec 2021 00:37:14 +0000 https://www.chinainternetwatch.com/?p=32838 JD Supermarket has released an imported wine consumption trends report this week with insights from Double 11 Shopping Festival, reflecting Chinese consumers’ enthusiasm towards imported wine.

The western city of Chengdu pulled ahead of Beijing and Shanghai, two of China’s largest metropolitan areas, becoming the largest consumer market of imported wine, accounting for roughly 20% value of the country’s overall import wines during the grand promotion.

According to the report, the consumption of imported wine also showed a trend towards high-end brands, with deluxe single malt whisky increasing by 16 times YoY in the first 10 minutes of the promotion.

In addition, sales of fruit cider increased by 24 times compared with last year during the shopping festival.

Among them, Martell, Rémy Martin, Jack Daniel’s, Hennessy and Johnnie Walker were the top 5 most popular brands among Chinese consumers. Rémy Martin Club Cognac 50cl, Jack Daniel’s Black Label Tennessee Whisky 70cl and Johnnie Walker Black Label 12-Year-Old Scotch Whisky 70cl were the bestsellers.

The demographic distribution of imported wine consumers is notable. Imported wine has become a newly emerging norm among the younger generation. Consumers under age 35 have made 62% of all imported wine consumptions. Furthermore, female consumers contributed up to one-third of the imported wine consumption.

Behind these phenomena, several co-brandings boosted the sales. For example, Casillero del Diablo with Manchester United, and Rio with Hearthstone, both gained popularity among young consumers.

7 Major Consumer Segments Shaping Chinese Market Landscape

]]>
Exploring new ways to capture Chinese Gen-Z’s attention https://www.chinainternetwatch.com/32657/capture-gen-z-attention/ Tue, 02 Nov 2021 02:45:03 +0000 https://www.chinainternetwatch.com/?p=32657 Identifying proper styles of communication is critical in capturing Chinese Generation Z’s attention. Generation Zs value the way brands communicate and prefer particularly “young” and “surprise” ways of communication.

60% of Generation Z said that “the way brands communicate with me” plays a major role in their purchase decisions, according to a survey conducted by Tencent.

“Reliable” & “honest” are the basic requirements for brand communication, Gen-Zs focus more on young lifestyles and surprises while older generations value more “professionalism”.

69% of Gen-Zs are willing to pay for products from brands that they identify themselves with and those who can help them “decorate” their personalities. Brands have become a way for young generations to identify themselves.

Compared with previous generations, Gen-Zs tend to buy more products with specific brand images to help build their own personal image.

Building characteristic communities

Private domain channels have become the main transaction scenario, quality services are highly valued.

61% of Generation Z have joined various types of shopping groups (14% brand membership group, 24% merchant membership group). These shopping groups have a major influence over their purchase decisions. Over 86% of those who joined these groups had purchasing intentions.

Apart from discounts, Gen-Zs also expect more soft experiences, in particular acquiring knowledge (44%), having readily available help (38%), and experiencing privileged treatments, more compared with older generations.

The effectiveness of discount promotions is fading; social media content has become the new major form of influence.

Compared with older generations, promotions through discounts are having less effect on the willingness to buy of the younger generation (Generation Z 44%; group born in 90-95 51%; group born in the 80s 53%).

Private domain channels are effectively capturing Generation Z’s attention. They often see the same brand repeatedly (28%), while social interaction can effectively encourage purchases.

Gen-Zs mainly get influenced by their friends (31%), acquaintances (25%), WeChat Moments (21%), KOLs (21%) through social media.

Creating quality content

Generation Z is spending their attention across multiple fields.

Gen-Zs love to indulge themselves and also love to explore possibilities. Hobbies are their major focus point (88%). In addition, they also pay attention to acquiring new knowledge (41%), enriching real-life experiences (37%).

Compared with previous generations, they pay more attention to product/service reviews (26%) and motivational content (22%).

Celebrities are effective in promoting brand awareness. 35% of Generation Z said that collaborations between brands and celebrities have great influence over their purchase decisions.

Brands collaborating with IPs can also effectively capture Gen-Z’s attention. 42% of them said that this type of collaboration has significant influence over their purchasing decisions.

Chinese Gen-Zs attention insights 2021

]]>
Chinese Gen-Zs’ attention insights 2021 https://www.chinainternetwatch.com/32608/generation-z-attentions/ Tue, 26 Oct 2021 12:00:08 +0000 https://www.chinainternetwatch.com/?p=32608

Attention is a scarce resource in today’s world. It has unique distribution patterns and characteristics. Only with proper methods, can brands capture, develop and manage it.
Chinese Gen-Z Attention Distribution
Time
Chinese Generation Z’s attention is widely allocated across different time periods. If we look at a 24-hour calendar day, Gen-Zs generally spend a significant part of their attention during late night, particularly from 10 pm to 2 am the next day.

They mainly spend their time on watching videos, listening to music, and gaming. And if we look at a 365-day calendar year, Gen-Zs tend to pay more attention to festivities and holidays comparing with elder generations. They often treat themselves by shopping.

Gen-Zs usually have 8 pm-2 am at their disposal to allocate their attention at will. They generally stay until late at night and indulge themselves in entertainment during their private time.

8 am-12 pm and 2 pm - 6 pm are two time periods where they don’t have ...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
The secret behind the success of L’ORÉAL’s TikTok Super Brand Day https://www.chinainternetwatch.com/32468/loreal-tiktok-super-brand-day/ Thu, 23 Sep 2021 00:08:09 +0000 https://www.chinainternetwatch.com/?p=32468

With China’s increasing domestic consumption demand, new domestic makeup brands are emerging and are introducing new product lines at a rapid pace, hoping to capture more market share vis-à-vis multinational brands.

At the same time, the Generation Z consumer base is growing, driving the concept of Fashion Makeup to evolve.

Under these changing market conditions, the big question for makeup brands is how to improve their brand awareness and attract the younger generation of consumers. The success of L’ORÉAL Paris ‘ Super Brand Day in collaboration with the social media giant Douyin (TikTok's Chinese version) may provide the industry useful insights.
120 million reach; RMB 22 million GMV
what are the secret ingredients of Super Brand Day’s success?

On 1st May 2021, L’ORÉAL Paris’s first offline global flagship store was opened in Shanghai. On the same day, L’ORÉAL’s online flagship store was also opened on TikTok’s e-commerce platform. Both stores sell identical product l...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
An overview of China’s New Middle Class https://www.chinainternetwatch.com/32416/new-middle-class/ Wed, 15 Sep 2021 02:54:43 +0000 https://www.chinainternetwatch.com/?p=32416

Among the 200 million new middle class in China, the post-80s and post-90s account for 50.8% and 49.2% respectively, according to data from Questmobile.

The New Middle Class is the group of Chinese between 25 and 40 years old, living in tier-1 to tier-3 cities with an online spending power of over 1,000 yuan. Their online consumption willingness is at a medium to high level.

In terms of urban distribution, the top 10 cities are Beijing, Shanghai, Shenzhen, Guangzhou, Chongqing, Suzhou, Chengdu, Wuhan, Hangzhou, and Tianjin, with the number of people reaching 9.03 million, 8.38 million, 6.91 million, 6.38 million, 5.68 million, 4.48 million, 4.42 million, 3.54 million and 3.45 million respectively.

Their population has reached 204 million with 50.8% born between 1980-1989 and 49.2% between 1990-1995.

Compared with other groups, new middle-class Chinese are more active in real estate, automobile, travel, and other related consumption.

Taking June 2021 data as an ex...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
7 Major Consumer Segments Shaping Chinese Market Landscape https://www.chinainternetwatch.com/32340/7-consumer-segments/ Tue, 24 Aug 2021 02:33:54 +0000 https://www.chinainternetwatch.com/?p=32340

China’s domestic consumer market has grown to a considerable size. However, there’s still much potential in it. China will offer a US$5 trillion consumption growth opportunity in the next decade, according to a latest research by the McKinsey Global Institute.

Citizen’s incomes are increasing at a steady pace. China’s number of households with upper middle income and above (defined as households with annual incomes of US$22,000 or more in 2011 international dollars, on a purchasing power parity basis) is slightly lower than that of Europe’s.

But in just 10 years, this number will grow to about 400 million, as many as Europe and the United States combined.

But the increasing scale and rising incomes are not the full stories of the new chapter of China’s new consumer market.

Changing demography and social environment, together with unstoppable technological penetration, are reinforcing the diversity of the market. Consumer preferences and behaviors are shifting, sometimes in ...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
Why are the Blind Box so attractive to many consumers in China? https://www.chinainternetwatch.com/32202/blind-box-secrets/ Wed, 28 Jul 2021 00:30:57 +0000 https://www.chinainternetwatch.com/?p=32202

A box is supposed to function as a storage tool. But in recent years, the "Blind Box" has gained its popularity in China.

Benefiting from this trend, a Beijing-based toy maker Pop Mart raised $676 million in an initial public offering (IPO) at the end of 2020 which gave the company a valuation of $7 billion ahead of the trading debut.
The Trendy Box
December 10, 2020, Chinese toymaker Pop Mart International Group made a stellar debut on the Hong Kong stock market, closing nearly 80% higher than its issue price to end the day with a market capitalization of $12.5 billion.

The success of Pop Mart and its subsequent IPO is linked to a simple yet fascinating product - the Blind Box.

The second half of 2019 saw a sudden uprising of fashionable "Blind Box", which can be spotted everywhere, from a physical mall to the vast ocean of the internet - WeChat Moments, Weibo, etc.

As its name indicates, a Blink Box is a box for sale whose content is unknown to the buyer before maki...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
New product online consumption trends in China https://www.chinainternetwatch.com/32107/new-product-online-consumption/ Tue, 06 Jul 2021 00:00:11 +0000 https://www.chinainternetwatch.com/?p=32107

More than 60% of brands choose to launch new products online during the past one year, and most choose Tmall, according to a joint report by Yicai and Alibaba.

According to the data of the report, in recent years, the total number of new products on the Tmall platform has doubled year by year, and the turnover of more than 30% of the market is driven by new products.

New products account for over 35% of all transactions on Alibaba's Tmall platform in 2020. The number of new products on Tmall doubled in 2020 to over 200 million.Click To Tweet

At the same time, the average unit price of new products is 1.3 times the overall market, which brings more value to the brand.

The post-90s and post-95s have gradually become the main consumption force of new products online, and their average transaction ...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
Trends and drivers of China luxury market 2021 https://www.chinainternetwatch.com/31982/luxury-market-trends/ Tue, 01 Jun 2021 11:30:46 +0000 https://www.chinainternetwatch.com/?p=31982

Spending on luxury in China has rebounded strongly as restrictions to global travel have pushed Chinese consumers to make luxury purchases domestically rather than abroad. Growth for the mainland China luxury market is expected to climb by 48% to reach almost RMB 346 billion in 2020.

This growth has driven China to double its overall share of the global luxury market in 2020, with further growth expected through 2025, according to a joint report published by Bain & Company and Tmall Luxury Division.

The global luxury market shrank by 23% in 2020, however, mainland China’s market share nearly doubled, growing from about 11 percent last year to 20 percent in 2020.

This growth is likely to continue, putting the country on track to claim the biggest share of the global luxury market by 2025—even after the world economy returns to pre-pandemic levels.
Through the Covid-19 pandemic, we have seen the global luxury goods market shrink, as economic and social considerations have l...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
Chinese beauty products manufacturers: from OEM, ODM to OBM https://www.chinainternetwatch.com/31967/oem-d2c/ Wed, 26 May 2021 06:57:28 +0000 https://www.chinainternetwatch.com/?p=31967

Chinese consumers' dressing table is no longer just the world of international brands, domestic beauty brands have begun to occupy the hearts of consumers. Similar to the popularity of "Korean makeup" and "Japanese makeup" a few years ago, the competitiveness of "domestic beauty" is soaring.

In addition to the old brands of domestic products, even OEM and raw material manufacturers, which once had a deeper foundation and a larger market scale, began to build their own beauty brands.

Unlike light asset Internet beauty brands, which rely on digital marketing and branding for growth, OEM and raw material manufacturers make beauty products with reverse thinking and win the favor of many consumers with excellent products, which also ushers in a new explosion point for the domestic beauty industry.
From OEM to D2C
In recent years, most of the brands in China's beauty market have risen rapidly with light assets. In the initial stage of their establishment, they first choose the OEM pr...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
Gen-Z Insights: capturing attention of China’s post-95s consumers https://www.chinainternetwatch.com/31691/post-95s-consumers/ Tue, 16 Feb 2021 11:30:32 +0000 https://www.chinainternetwatch.com/?p=31691

Attention is the first impetus for people to start thinking and take part in the action. It has become a scarce resource in the prosperity of the Internet. Today's young people's daily cross-screen multithreading behavior has intensified the dispersion and switching of resources.

When is their attention most active? What do they focus on? What formats? How to activate? What are the characteristics? All these will have an important impact on the economic and social practice in various fields.

As a group of young people growing up in the Internet age, the distribution, capture, switching and other aspects of attention of the post-95 generation are different from other generations.

Compared with those born before 1995, many post-90s have not yet formed a family, and they are more "time independent"; post-00s are new to the society, facing dramatic changes in social identity and pace of life, and also have more "freedom of consumption", according to a Tencent research.

The rese...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
China’s wealthy families exceeded 5 million in 2020; there are their desired brands https://www.chinainternetwatch.com/31683/hurun-wealthy-chinese/ Wed, 10 Feb 2021 03:00:05 +0000 https://www.chinainternetwatch.com/?p=31683

The number of "wealthy families" with at least 6 million yuan (about US$930 thousand) assets in China exceeded 5 million for the first time in 2020, an increase of 1.4% over the previous year, according to Hurun Research Institute.

Beijing is still the area with the most "wealthy families" with assets of at least 6 million yuan, with Guangdong and Shanghai ranking second and third.

For the first time, the number of "wealthy families" exceeded 5 million, an increase of 1.4% over the previous year. The number of "high net worth families" with over 10 million yuan assets increased by 2% over the previous year to 2.02 million.

The number of "super high net worth families" with over 100 million yuan (about US$15.54 million) assets increased by 2.4% to 130,000 over the previous year.

The total wealth of these Chinese "wealthy families" with no less than 6 million yuan assets is 146 trillion yuan, which is 1.5 times of China's one year GDP, according to the Hurun report.

Ch...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
How big is the e-cigarette market? Global vs. China 2016-2023E https://www.chinainternetwatch.com/31618/e-cigarette-market/ Tue, 26 Jan 2021 00:45:45 +0000 https://www.chinainternetwatch.com/?p=31618

China's vaping firm RELX's share price more than doubled in its trading debut last week. But how big is the e-cigarette market?

There were 1 billion combustible tobacco users worldwide in 2019, of which 85.5% were cigarette users. In 2019, the global sales of combustible tobacco and low-toxic cigarette alternative products were US$850.7 billion and are expected to reach US$1.0172 trillion in 2023, according to China Insights Consultancy.

In this large market, cigarette substitutes are rapidly penetrating. In 2019, the sales of cigarette substitutes accounted for about 7.4%, of which e-cigarettes accounted for 55.8%.

According to the CIC report, global e-cigarette sales in 2019 were US$35.2 billion and are expected to reach US$82 billion in 2023, with a compound annual growth rate of 23.5%. Because of low toxicity, more fashionable, better taste, and other factors, cigarette substitutes will grow faster than combustible tobacco.

There are two major categories of e-ci...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
10 Trends in China’s future customers 2021-2025 https://www.chinainternetwatch.com/31606/future-customers-forecast/ Wed, 20 Jan 2021 08:30:24 +0000 https://www.chinainternetwatch.com/?p=31606 In the next five years, digital marketing will develop more rapidly in the aspects of non-contact experience, consumption entertainment, consumer-generated video, and personalized experience.

Companies that value customer empathy and digital experience will also be favored by more customers in the future. The protection of customer data security and privacy is becoming important and urgent.

Here are the 10 forecasts from IDC on China’s future customers:

1. Digital first

By 2021, 70% of organizations will take the lead in turning to digital through automated operations and contactless experiences, as physical interaction has become a convenience of the past.

2. Empathy

By 2025, enterprises with excellent performance in empathy and security on a large scale will surpass 40% of those without the same ability.

3. entertainment consumption

By 2022, 45% of China's fortune 500 B2C brands will assign executives to increase the use of 'consumer entertainment' applications to reach Gen-Z and Gen-Alpha buyers.Click To Tweet

4. consumer-generated video

By 2025, 50% of China’s fortune 500 enterprises’ investment in the consumer-generated videos will see its impact on enterprise income and customer satisfaction.

5. new environment

In 2021, Chinese customers will spend an additional 25% on working with companies whose digital transformation can quickly and easily adapt to the new business environment.

6. partners

By 2024, 60% of technology buyers will choose mature and well-known partners to adapt to the changing needs of consumers through faster and faster innovation.Click To Tweet

7. organizational control

By 2023, 45% of organizations will use standardized workflow to integrate with enterprise applications to regain control over the stability of user-defined applications, thus improving customer data security and providing an excellent customer experience.

8. social responsibility

By the end of 2023, 80% of the large and medium-sized enterprises will formulate or revise the social responsibility statement, and make their customers recognize it again, so as to promote the development of social undertakings.

9. personalized experience

By 2021, 65% of new mobile applications will focus on providing a personalized digital experience for consumers, making consumers more identify with new digital priority.Click To Tweet

10. privacy value

By 2024, privacy will be redefined as “data value”, and suppliers will provide customer loyalty service programs to exchange consumer data, with 70% of consumers participating

Top 10 forecast of China digital innovation in 2021-2025

]]>
Online users overview of China’s pet market 2021 https://www.chinainternetwatch.com/31579/pet-online-users/ Wed, 13 Jan 2021 03:00:58 +0000 https://www.chinainternetwatch.com/?p=31579

As of October 2020, China pet-related influencers have a total reach of 530 million users, with 54.8% of males, 54.2% under the age of 30, and more than 60% users in the third, fourth and fifth-tier cities, according to data from QuestMobile.

China Pet Market Active Online Users by Age Group

China Pet Market Active Online Users by City Tiers

They have a higher willingness for online consumption and higher online consumption capacity, compared with the overall China internet users.

This group of online users' top interest are social networking, videos, and online shopping.

Their favorite shopping apps are Taobao, Pinduoduo, and JD.

Cat food attracts the most interest from these users, followed by Dog Food, Pet Utility, and Pet Healthcare.

The top social media platforms for pet influencers in China are Ku...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
How a new pet brand becomes a best-seller in China with US$34 million sales https://www.chinainternetwatch.com/31569/pet-brand-pidan/ Wed, 13 Jan 2021 03:00:44 +0000 https://www.chinainternetwatch.com/?p=31569

Pidan, established for five years targeting the cat food and toys market, sells more than 100 million yuan a year on Tmall. Its second-year sales already reached 50 million yuan.

How did they achieve that?

Pidan products
The most expensive cat litter box
Ma Wenfei, the founder of Pidan, is 31 years old and may be the most "rebellious" person in the industry.

In 2016, Pidan's first litter box "Igloo" won the German Red Dot Design Award and is ready to launch on the market.

Ma Wenfei decided to sell it for 365 yuan. The price was very expensive. At that time, domestic cat litter boxes in China were usually sold for less than 100 yuan while the imported brands were mostly one or two hundred yuan.

Ma Wenfei has his own ideas. What Pidan is doing is a premium pet brand. The price is to tell consumers the value of the brand. He won the bet. "Igloo" earned enough discussions online and eyeballs as soon...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
The rise of men in China’s “she-conomy” https://www.chinainternetwatch.com/31514/she-conomy-men/ Tue, 22 Dec 2020 00:45:14 +0000 https://www.chinainternetwatch.com/?p=31514

Today, in some areas of consumption in China that were originally only for women, men's consumption has also begun to emerge.

According to the data of a white paper from So Young, the number of male medical cosmetology consumers in China has increased by 52.30% in 2019, which is lower than the 70% growth rate of female consumers, but it is still far higher than the counterparts in mature markets such as Japan and South Korea.

Now about 30% of medical cosmetology consumers in China are male.

According to the data jointly released by Tmall and Cainiao, the stock of imported cosmetics for men increased by more than 3000% for Double 11 over the same period last year.

Moreover, according to CCTV news, 31% of male users said that they would never use cosmetics in 2016. However, by 2019, this proportion has been reduced by two thirds. It is estimated that by 2023, the global market for men's cosmetics will reach 540 billion yuan.

According to Euromonitor, the retail segment of ...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
China consumer spending outlook 2024; return to pre-covid19 level in 2021 https://www.chinainternetwatch.com/31401/consumer-spending-outlook-2024/ Tue, 17 Nov 2020 00:00:53 +0000 https://www.chinainternetwatch.com/?p=31401 Six out of ten Chinese urban consumers (56%) want to live a happy family life; 46% of Chinese pursue a healthy lifestyle. According to the survey of Mintel, 39 percent of Chinese urban consumers want to travel.

The top five sectors with the highest growth rate in China remained unchanged in 2010-2019, including holidays (CAGR 18%), transportation (16.4%), over-the-counter drugs and pharmaceuticals (13.6%), catering services (13.1%), and personal finance and housing (12.9%).

Although the growth of most industries has gradually declined due to the slowdown of overall consumer spending growth, the beauty and personal care industry has maintained its growth trend since 2017, with an increase of 9.2% in 2019.

Spending fell in the first quarter as industries such as holidays and catering services require consumers to leave home and are likely to flock. Total consumer spending is expected to shrink by 5.6% by 2020.

Research shows that most consumer goods industries are gradually recovering, including dining out, clothing, beauty and personal care, as well as non-essential industries such as leisure and entertainment.

In the long run, China’s total consumer spending is expected to return to its pre-covid-19 level in 2021 and continue to grow at a compound annual growth rate of 7.3% from 2021 to 2024.

China Consumer Spending Outlook 2019-2024

CIW annual subscribers can download the report here.

8 Strategic segments of China’s online consumers

]]>
China’s pets retail market to double by 2024 https://www.chinainternetwatch.com/31289/pets-retail-market/ Tue, 06 Oct 2020 12:00:20 +0000 https://www.chinainternetwatch.com/?p=31289

China's pets retail market reached 108.8 billion yuan (US$16.02 billion) in 2019 and is estimated to grow by 13.6% and reach 123.6 billion yuan (US$18.20 bn) in 2020. It will exceed 222 billion yuan (US$32.69 bn) in 2024.

The contribution of online sales will continue to grow and is estimated to reach 115.6 billion by 2024, exceeding the contribution of offline retail sales (106.8 billion in 2024).

Online will exceed offline in 2023, contributing to 50.5% of total pet retail revenues in China.

Pets food segment will maintain fast growth and reach 163 billion yuan by 2024.

Pet's supplies will contribute over 59 billion yuan by 2024.

Pet services segment will see faster growth and reach 170.8 billion yuan by 2024.

Alibaba opening its first Costco competitor store in Shanghai in Oct...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
Meet China’s blue-collar mobile users https://www.chinainternetwatch.com/31244/blue-collar-mobile-users/ Wed, 23 Sep 2020 12:00:12 +0000 https://www.chinainternetwatch.com/?p=31244

The monthly active mobile users of China's blue-collar population has more than doubled from July 2016 to July 2020, from 15.48 million to 33.79 million, with an average annual growth of 21.5%.

In the first and second-tier cities, the blue-collar is very active. However, the third and lower-tier cities also have great growth potential.

The post-80s and post-90s are the main groups of new blue-collar workers, accounting for nearly 70% of the total; with the growth of the post-00s, the new blue-collar team is getting younger.

Most of the new blue-collar workers in China are male, and the couriers, especially the delivery riders, tended to be young unmarried people, while the drivers of online car hailing services are mostly elderly married people.

The new blue-collar group has a wide range of interests, which also reflects their professional characteristics and lifestyle background; takeaway riders and couriers show a stronger interest in social networking, en...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
Meet China’s Generation Z https://www.chinainternetwatch.com/31159/generation-z/ Wed, 02 Sep 2020 03:00:38 +0000 https://www.chinainternetwatch.com/?p=31159

China has the largest group of Generation Z (Gen Z) in the world with a population of 149 million. Gen Z is between 15 and 23-year-old and will account for 40% of consumption power in 2020. Their average time spend on mobile internet is 4.7 hours per day. And, they like Zhihu, Tantan, Xiaohongshu more than WeChat.

China's Gen-Z has an average monthly income of 3,501 yuan (US$493), among which the studying group (19-23 years old) has multiple sources of income. Their top interests are video, social networking, music, online shopping, and gaming.

They spend an average of 56.2 minutes daily on social networking and instant messaging. Videos also take a significant amount of their time (over 53 minutes).

Word of mouth through friends is the top source for China's Gen-Z to know products, followed by online ads, shopping mall, TV commercials, and etc.

Gen-Z Sources of Products Discovery: Male vs. Fema...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
Consumers sales rise across several categories during China’s Qixi Festival period https://www.chinainternetwatch.com/31128/qixi-festival-sales/ Wed, 26 Aug 2020 13:01:24 +0000 https://www.chinainternetwatch.com/?p=31128

Maybe it's weird to you but China has several valentine's days to celebrate, including the February 14th, 520 Day (or Chinese Internet Valentine’s Day), and Qixi Festival.

The Qixi Festival, also known as the Qiqiao Festival, is a Chinese festival celebrating the annual meeting of the cowherd and weaver girl in mythology. It falls on the 7th day of the 7th lunisolar month on the Chinese calendar.

During the week of Qixi, falling on August 25th this year, the frequency of valentine’s gift-related search keywords on JD increased by 280%, of which "gift", "chocolate" and "gift girlfriend/boyfriend" were among the most popular.

Ahead of Qixi, home goods, outdoor and luxury products, among other categories saw sales increase by about 20-30%. Jewelry and handbags were among the most popular imported products.

According to data released by JD’s Home & Life business group (which includes fashion, beauty, home, and other categories), the number of users in the post-85 and po...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
China summer consumer products sales overview in 2020 https://www.chinainternetwatch.com/31086/summer-consumer-products-sales/ Tue, 18 Aug 2020 12:04:36 +0000 https://www.chinainternetwatch.com/?p=31086

In July 2020, food (non-fresh) and non-alcoholic beverages, alcohol, fresh produce, sun protection, and cooling products have gotten more attention from consumers across the country, according to data shared by Jingdong.

The southern provinces of Guangdong and Zhejiang saw alcohol transaction volume increase 60% YoY. In Hubei and Hebei, the transaction volume of food and non-alcoholic beverages increased by over 50%.

Beijing consumers opted for more fresh produce, with transaction volume growth of over 130% YoY. Heilongjiang and Gansu provinces saw cooling devices like ACs and fans increase by 110% YoY.

Looking at alcohol consumption by age group, post-90s consumption is increasing the fastest, with these consumers preferring liquor over other alcohols. Post-80s consumers tend to choose cocktails and cocktail mixers while post-70s consumers stay true to Baijiu.

Tibet, Shaanxi, Gansu, Guangdong, Zhejiang, Guizhou, Chongqing, and other areas saw an alcohol consumption increas...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>
7 Consumption trends revealed on the first day of JD 618 https://www.chinainternetwatch.com/30663/jd-618-consumption-trends/ Wed, 03 Jun 2020 11:40:21 +0000 https://www.chinainternetwatch.com/?p=30663

There has been an all-around increase in electronics products, fresh food, and household daily use products. The rebound of large household appliances once affected by the epidemic is quite apparent, among which the trend is most obvious in China’s central and southern provinces.

Transactions doubled in Guangxi, Jiangxi, Sichuan, Hunan and Hubei provinces.

As of 2:50 pm on June 1st, outbound orders from JD’s warehouses exceeded that of the whole day last year. This includes JD’s retail orders as well as external orders as JD helps merchants deal with fulfillment challenges during the 618 Grand Promotion.

In the realm of non-standard products and services, the migration of consumption and services to online has been further accelerated.

Transactions of fresh grocery products in many provinces have increased more than 100% compared with the same period last year, among which durian ranked first with a growth rate of 332%.

The central and western regions, as well as lower-t...

Already subscribed? Sign in.

Don't Miss Out.

Invest with as little as one bottle of water per week.

Join other top analysts and business executives and navigate the unique market with China Internet Watch.

View subscription options »

Cancel at any time

]]>