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What is Megatrends Shaping China about?

1) Chinese consumers feel constant pressure to get things done due to single-person households, urbanization, and intense work demands, driving demand for convenience. 2) 64% of Chinese consumers are willing to spend money to save time and 57% shop online weekly, though online banking remains less common. 3) The need for convenience has increased demand for food delivery, fast food, ready meals and meal kits, especially among younger consumers who say they lack time to cook.

Author

949816363

Language

EN