With fewer marriages, young consumers are prioritizing indulgence and their animal companions, reshaping traditional high-end consumption trends.
From Wuhan to Zhengzhou, China’s lower-tier cities are becoming luxury retail powerhouses, driven by migration and rising disposable incomes.
Despite strong visitor growth during the 2025 Spring Festival, Hong Kong and Macau face diverging tourism trends and lingering economic challenges.
Away from China’s megacities, a powerful consumer class of wealthy women is reshaping the luxury market through leisure-focused lifestyles and confident spending.
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