Connect with us

Entertainment

China is experiencing ice-based growth and other trends in spending during the Spring Festival.

Published

on

China has seen new trends in spending during this Spring Festival this year because the younger generation was the most popular consumer. Additionally, the 2022 Winter Olympics Games opened in Beijing on February 4, amid the festive season.

Chinese consumers purchased winter sports equipment and equipment to celebrate the holiday, which was observed from January 31 until February 6, to commemorate the Chinese New Year. Lunar New Year led to a boom in the economics of ice.

The demand for ice and snow equipment increased by 107 percent over the previous year. Sales of winter sportswear sales increased by 99 percent, while protection gear increased by 41 percent throughout the shopping season as per Chinese online retailer JD.com.

The Beijing Cold weather Olympics has encouraged 346 million Chinese to participate in winter sports and related activities, according to China’s winter sports body. One in four Chinese has participated in winter sports or other related activities at least once.

Additionally, Bing Dwen, The cute character from the Beijing Winter Olympics, has been selling like hotcakes. Online shops have run all Bing Dwen Dwen souvenirs, and queues of people have formed outside the official Olympic stores.

In 2022, for the Lunar New Year, the millennials and Generation Z became the leading customers, and they chose Chinese brands. During the New Year’s celebrations, the most sought-after items included snacks, health-related items like fitness equipment, pets, food items, and cosmetics.

The Spring Festival also saw a delivery rush as many people could not get together with their family members due to COVID-19 restrictions. They decided to purchase items on the internet for their families to give as presents.

Preparing meals to celebrate Lunar New Year’s Eve quickly became popular, especially since many people opted to stay in to mark the occasion. “Prepared food” was the most popular search term during the holidays, and orders increased by a third compared to the previous year.

It’s a tradition for Chinese families to gather for a massive meal on Lunar New Year’s Eve. Many spend the day cooking food or eating out at eateries. However, they ordered a pre-cooked dinner at a restaurant or even online this year. It takes just 20 minutes to cook an already-prepared festival meal at home without COVID-19 issues.

Based on the MCT Ministry of Culture and Tourism (MCT), The Golden Week of the Chinese Lunar New Year was a record-breaking 251 million visits to the national level and tourism revenue at 289 billion yuan ($45.6 billion) and a decrease in the range of 2 percent or 3.9 percent year-on-year and 3.9 percent year on year, respectively.

Compared to the pre-pandemic rate in 2019, the national level of tourist visits to the country and revenues from tourism was 26.1 percentage and 43.7 percent less, respectively, figures from MCT indicated, as recurrent COVID-19 epidemics across the nation caused travel restrictions.

During this Spring Festival season, the total box office revenue was 6 billion yuan. That’s 23.2 percent less than the previous year’s figures, as per the data collected by Taopiaopiao, the film industry’s data service.

“Despite a nearly 48-percent increase in the number of people returning to their hometowns for the Lunar New Year vacation compared to a year ago, a contraction in film box office income and tourism profits suggests that this did not end up in materially higher usage demand,” said Lu Ting, chief China economist at Nomura.

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Celebrity

Richard Fowler Fox News, Bio, Age, Height, Family, Salary, and Net Worth

Published

on

Richard Fowler

Richard Fowler Bio | Wiki

Richard Fowler is an American media character, political pundit, in addition to activist. He these days serves as a  FOX Information (FNC) contributor. Richard joined the station in September 2016. As a radio communicate show host, he these days works as a staple on SiriusXM’s Growth and City View. Richard’s weekly radio show may also be heard in additional than 9.1 million properties.

Richard has been featured on FoxNews Channel, NHK, MSNBC, CCTV, Russia These days, in addition to Aljazeera English. He has additionally gave the impression on quite a lot of syndicated radio techniques from all corners of the rustic.

Richard Fowler Age

He used to be born on January 9, 1987, in Evanston, Illinois, United States. Richard is 34 years outdated.

Richard Fowler Top

He’s a person of reasonable stature. Richard stands at a top of 5 feet 7 in (Approx 1.7m).

Richard Fowler

Richard Fowler

Richard Fowler Circle of relatives

He used to be born to his Jamaican folks in Evanston. His father Richard A. Fowler Sr and his mom Pauline Maxwell Folwer, a former registered nurse.

Richard Fowler Mom

He used to be raised by means of an immigrant mom referred to as Pauline Maxwell Folwer who labored as a registered nurse. She instilled in Richard a trust in God in addition to in serving to others. Those rules impressed him to lend a hand folks reinforce their lives.

Richard Fowler Spouse

In 2017, Richard got here out as homosexual and he authorized his sexual orientation. As evidence, he shared a photograph of him on his Fb web page with a foreground of the rainbow. A national party this is seen simplest by means of LGBTQ folks.

Richard Fowler Schooling

He holds a Bachelor of Science in Economics in addition to a Bachelor of Arts in World Affairs each from The College of George Washington.

Richard Fowler Fox Information

He joined the station in September 2016 as a contributor to FOX Information (FNC), Richard supplies political in addition to cultural research throughout FNC’s daylight hours, primetime programming, and the community’s Sunday media research program referred to as Media Buzz hosted by means of Howard Kurtz. He’s additionally a number of a nationally syndicated show referred to as Fowler Display in addition to the co-founder of the Richard Media Corporate, This is a boutique conversation in addition to a messaging company.

The corporate provides products and services to foundations and nonprofits making organizations by means of serving to them to inform their tales and attraction to millennial audiences. Richard began his political occupation in  Florida his fatherland, he used to volunteer with many native and statewide races. From there, Richard turned into an suggest for social fairness, formative years, and the African-American LGBTQ neighborhood. Because of his efforts, Richard used to be named because the Senior Media Fellow for the New Chief’s Council, he then turned into the Chairman of the Middle for Black Fairness Management Council.

In those roles, Richard specializes in coaching, equipping, in addition to empowering the following era and LGBTQ leaders to make use of their very own voices in advocating for exchange. Richard has educated over 10,000 folks at the significance of messaging and media technique right through his occupation.

Richard’s colleagues at Fox Information come with:

Ray Bogan-anchor

Raymond Arroyo-producer

Kristen Soltis-researcher

Mark Meredith-reporter

Lauren Blanchard-correspondent

Richard Fowler Wage

He receives just right repayment for his occupation as a radio communicate show host, political pundit, media character,  activist, in addition to Fox Information character. Richard earns an annual wage of $120,635.

Richard Fowler Net Worth

He has earned his wealth via his occupation as a radio communicate show host, political pundit, media character,  activist, in addition to Fox Information character. Richard’s estimated net worth is $ 1.9 million.

Who Is Richard Fowler

Richard is an American media character, political pundit, in addition to activist. He these days serves as a  FOX Information (FNC)contributor. Richard used to be born on January 9, 1987, in Evanston, Illinois, he’s 34 years outdated.

Continue Reading

Trending

%d bloggers like this: