SOURCE / ECONOMY
Pet economy
Published: Sep 10, 2024 11:29 PM
Workers assemble pet water dispensers at a factory in Suqian, East China's Jiangsu Province on September 10, 2024. In 2023, China's urban pet consumption market stood at 279.3 billion yuan ($39.23 billion), and it is expected to reach 361.3 billion yuan by 2026. With increasing demand and a growing industry scale, the country's

Workers assemble pet water dispensers at a factory in Suqian, East China's Jiangsu Province on September 10, 2024. In 2023, China's urban pet consumption market stood at 279.3 billion yuan ($39.23 billion), and it is expected to reach 361.3 billion yuan by 2026. With increasing demand and a growing industry scale, the country's "pet economy" has an upbeat outlook. Photo: IC