First, China's family planning policy and population aging have changed people's living habits. The decline in the number of families has greatly increased the demand for pets. Children treat their pets as their partners, and when they grow up and get married, pets become the spiritual sustenance of their parents. Some professionals even put forward the "one pet half son" argument, which shows the importance of the pet to the Chinese at this stage.
Second, people's ideas have changed, pets are increasingly seen as their partners-especially urban residents, their disposable income is higher, willing to spend more money on pets. China's society is undergoing an unprecedented transformation, and relationships are more complex than ever. As a result, many people rely on pets to rule out loneliness and relax themselves.
Finally, the popularity of pet living prices has accelerated the process of Chinese pets entering the family. A few years ago, the value of tens of thousands of pets in the current price has fallen to nearly thousand yuan or even hundreds of yuan, and the return of this kind of living price is the trigger for the proliferation of Pet families.
The number of pets in China will continue to grow high, thus creating new business opportunities for the lucrative pet industry. The pet market will enter a period of high growth in areas with a per capita GNP of more than US $3000, researchers said. Many of China's major cities have reached that level, and some large cities, such as Beijing, Shanghai, Guangzhou and Shenzhen, have gone far beyond that level. The typical Western life scene that walks with a dog today is common in many cities in China. Pet products, from pet food, pet-specific shampoo to pet toys, has increasingly appeared on the shelves of major supermarkets.
The prosperity of the pet market is only the beginning of the rise of China's "pet economy".