Tag

Consumption

Sinolytics Radar

National pride gains importance in consumerism

Especially among the younger generation of Chinese consumers, a new consumer identity is emerging. Widely labeled “Guochao” (“National Tide”), it represents a growing preference for national brands with explicitly Chinese brand character, reflecting increasing national pride and confidence. In the past few years, several Chinese brands have successfully used a national branding strategy to increase their visibility and recognition on the Chinese market in comparison to their foreign competitor brands.​

By Redaktion Table

Feature

The travel industry gets past Covid

China is getting past the Covid pandemic. During the May Day holiday, consumer sentiment has, in some cases, surpassed pre-crisis 2019 levels. The development fits Beijing's new economic strategy. But there are also problems: The gaps are growing, not only between rich and poor.

By Frank Sieren