With over 950 million mobile video users and 81% of consumers shopping via smartphones, China’s social media platforms like WeChat, Douyin, and Xiaohongshu are essential for brands!
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China’s EdTech market hit a staggering $133.9 billion in 2023, fueled by a tech-savvy population and booming internet access. This presents a golden opportunity for brands to crack down on this lucrative market.
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For decades, China’s real estate market has been a powerful engine of growth, fueling infrastructure development, job creation, and household wealth. However, the once-unstoppable juggernaut is now showing signs of a deep-seated crisis that could significantly impact the country’s economic outlook in 2024.
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As China’s youth unemployment rate reaches record highs, youngsters are turning to digital prayers and lucky charms for hope and guidance. This trend reflects the deep-seated cultural belief in the power of “fu” (福), or fortune.
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At present, China’s pharmaceutical e-commerce industry and its related services have been continuously extended and developed sharply. Compared with offline pharmacies, online pharmacies are more diverse and can satisfy consumers' various medication needs.
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