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The Baby Product Market in China: A Booming Industry in 2024

China's baby product market continues to experience significant growth in 2024, driven by changing consumer preferences, technological advancements, and evolving demographics. Despite challenges such as a declining birth rate, the industry remains robust, with several key trends shaping its landscape. One notable area of growth is the pram and stroller segment, which has seen increased demand as...

The Cute Economy in China: An In-Depth Exploration

Introduction In recent years, China has witnessed the meteoric rise of what's commonly known as the "cute economy" or "meng economy" (萌经济). This phenomenon has transformed from a niche market into a multi-billion dollar industry, permeating various sectors of the Chinese economy and influencing consumer behavior...