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The Power of Pets

April 2, 2020 By Mable-Ann Chang

Chinese pet owners are increasingly spending money on products and services to improve the lives of their beloved animal companions. Pampered pooches have become beloved members of many Chinese families, and the pet care industry is booming as a result.

Filed Under: All Articles, China, Consumers, Culture, Society Tagged With: China pet market, pet economy

Can China Become Top Dog in Pet Ownership?

June 21, 2017 By Yuanyuan Deng

Fifteen years ago, pet ownership was seen as a pastime enjoyed only by the rich, but today more and more Chinese families are hosting fluffy friends. In China, 73.2% of pet owners fall into the 20–35-year-old category, meaning the vast majority of pet owners are not retired people who have spare time, but the young professionals who tend to be more generous on spending money on their pets—for their food, toy and spiritual needs. China’s pet economy is growing like never before, and the trend will only continue.

Filed Under: All Articles, Consumers, Culture, Know China Tagged With: China pet market, pet economy, pet food, pet owner

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Information, analysis, and interviews about the Chinese economy and doing business in China, from the people who know it best. Presented by the Cheung Kong Graduate School of Business, China's leading business school.


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