Global EditionASIA 中文雙語Fran?ais
    Business
    Home / Business / Industries

    Special product buys turn hot among young consumers

    Trend of 'emotional economy' expected to provide more business opportunities

    By ZHU WENQIAN | China Daily | Updated: 2024-03-04 09:25
    Share
    Share - WeChat
    Farmers pick apples, special local products, in Yan'an, Shaanxi province, on Oct 21. SHANG HONGTAO/FOR CHINA DAILY

    The warming weather has prompted young Chinese consumers to purchase more high-quality sports equipment, as well as various kinds of auspicious items for the Chinese New Year, further driving growth in the nation's booming retail market.

    Young Chinese who returned to work from their hometowns after the Spring Festival holiday break have chosen to make online purchases of special local products, such as flower cakes of Yunnan province, Shacha Noodles of Xiamen, Fujian province, and dried beef from the Xinjiang Uygur autonomous region.

    Sichuan province, known for its delicacies, has been ranked tops in terms of the total value of special local products that consumers have bought online.

    The local cuisines of Henan, Shandong, Guangdong and Jiangsu provinces have also been popular, according to internet company Alibaba's e-commerce platform Taobao.

    Meanwhile, young people have been purchasing various new products to indicate their expectations for the new year. Some office workers have bought ornaments on the theme of the god of wealth, and auspicious money tree Lego bricks to adorn their office desks.

    During the two-week period until the end of the Spring Festival break, search volumes on the theme of the god of wealth and building blocks on the theme of good luck surged tenfold online, according to Taobao.

    "The emotional economy constitutes an important part of economic growth in the digital age. The concept originated from technological progress and psychological demands of people," said Hong Yong, a research fellow at the Chinese Academy of International Trade and Economic Cooperation's e-commerce research institute.

    "Such an emotional need has provided more business opportunities for enterprises. It is also foreseen to have a significant impact on people's everyday lives and the economy," Hong said.

    In addition, young people have also bought products indicating love, expecting a potential romance to bloom.

    For instance, the combination of peach blossoms and gold has been highly favored by young consumers. Some domestic jewelry retailers have launched new-style gold bracelets designed with elements of peach blossoms.

    Shenzhen, Guangdong province-based jewelry retailer Chow Tai Seng said it sold more than 40,000 gold bracelets with peach blossom designs and lucky beads at the brand's Tmall online flagship store during the two-week period until the end of the Spring Festival holiday.

    In addition, young people have increasingly been pursuing healthcare products in the new year.

    Sales of liver and eye-protection tablets and anti-aging capsules more than doubled year-on-year in the two-week period before the end of the Spring Festival holiday, said Tmall International, Alibaba's international e-commerce portal.

    Sporting goods and outdoor equipment have also been sought after by consumers.

    Boating, hiking and cycling are the first choices of consumers in spring and summer, and diving, river exploration, and cycling are expected to become the most popular outdoor sports in China this year, according to a new report by Tmall.

    Since the beginning of this year, the online transaction value of diving equipment has increased by 120 percent year-on-year, and the number of transactions has grown by more than 200 percent on a yearly basis, Tmall found.

    "Diving equipment indicates a higher consumption growth momentum. The number of consumers who purchased basic equipment such as wetsuits and goggles has been the most, while flippers and diving bags have seen increased growth in sales," said Chen Qing'e, director of the outdoor sports business at Tmall.

    So far this year, some cycling equipment such as kettle racks and lights has seen their sales value jump by 70 percent year-on-year, while the total transaction amount has increased by 50 percent year-on-year.

    Bicycles that have a price tag of 10,000 yuan ($1,390) or more have seen continuous sales growth, indicating that more cycling enthusiasts have become more professional, Tmall said.

    "Chinese consumers have participated in increasingly diversified outdoor activities. With the younger demographic, specialized equipment and advanced consumption are the latest trends," Chen said.

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    亚洲精品无码专区2| 最近完整中文字幕2019电影| 成人无码区免费A片视频WWW| 久久精品中文字幕无码绿巨人| 无码人妻AⅤ一区二区三区水密桃| 国产仑乱无码内谢| 亚洲v国产v天堂a无码久久| 亚洲av无码成人黄网站在线观看| 无码H肉动漫在线观看| 国产a v无码专区亚洲av| 中文无码熟妇人妻AV在线| 亚洲AV综合色区无码一区爱AV| 无码国产色欲XXXX视频| 亚洲天堂中文字幕在线| 无码人妻一区二区三区免费n鬼沢 无码人妻一区二区三区免费看 | 久久精品无码专区免费青青| 国产在线观看无码免费视频 | 中文字幕精品视频在线| 人妻中文字系列无码专区| 伊人久久大香线蕉无码麻豆| 777久久精品一区二区三区无码 | 无码区日韩特区永久免费系列 | 涩涩色中文综合亚洲| 中文精品一卡2卡3卡4卡| 亚洲AV无码第一区二区三区| 中文字幕乱人伦| 无码人妻丰满熟妇区BBBBXXXX | 亚洲日韩av无码| 曰韩精品无码一区二区三区| 国产成人一区二区三中文 | 国产 日韩 中文字幕 制服| 少妇无码?V无码专区在线观看| 精品无码人妻久久久久久| 国产精品无码一区二区在线观一| 久久国产亚洲精品无码| 国产激情无码一区二区app| 波多野结衣在线中文| 台湾佬中文娱乐中文| 中文字幕国产第一页首页| 中文字幕无码无码专区| 无码区国产区在线播放|