
Women flexing consumption muscle
Consumers check out figures at a Pop Mart store in Wuhan, Hubei province, on May 4, 2025. [Photo/VCG]
Chinese women are emerging as an increasingly powerful and independent consumer demographic, with a rising preference for emotional value, self-care and collectible trends such as Pop Mart's Labubu, according to a survey.
Among this year's most notable findings, 33.1 percent of women bought collectible dolls or figurines over the past year, including trendy items from brands like Pop Mart and Jellycat, reflecting a growing trend of "cute consumption". Some 5.8 percent of women purchased more than 10 figurines within a year.
The "618 Women's Consumption Survey", jointly published by Women of China Magazine, Huakun Women's Life Survey Center and Huakun Women's Consumption Center, offers a close-up look at women's spending habits during the 618 festival and over the past year.
Women exhibited rational spending behaviour, with 60 percent comparing prices across multiple platforms before placing orders. The most popular e-commerce platform was Taobao, used by 59.5 percent of respondents, followed by JD.com (36.4 percent), Douyin (32.2 percent), Pinduoduo (21.5 percent) and Meituan (10.7 percent).
The survey underscores women's growing influence, not just as consumers, but as household financial decision-makers. A staggering 96.7 percent of all women surveyed manage their own finances.
Among married respondents, 40.8 percent of women are in charge of overall family finances, 55.1 percent of women manage their own finances separately from their spouses, and only 4.1 percent of families have their spouse or partner taking overall responsibility for financial management.
The ratio is higher than the average global level. According to data in 2023 by Euromonitor International, women head more than 42 percent of households in developed countries. Globally, 28.5 percent of households are headed by women.
In the survey, children remain the top spending priority, with 50 percent of women citing them as the biggest expenditure category, followed by self-pleasure (43.3 percent), parents and even pets (2.5 percent) — which ranked higher than spending on partners or lovers.
"The purchasing power of Chinese women is extraordinary," said Jason Yu, general manager of CTR Market Research. Their shopping habits extend well beyond cosmetics and personal care. They are pivotal in managing their families' purchases, catering to the needs of the elderly and children alike."
Yu said women in China are often the ultimate decision-makers in a range of categories, from household goods to travel and entertainment.
In the rapidly growing sectors of emotional consumption, such as blind boxes and the guzi economy — derivative products based on intellectual properties in comics, games and novels — women account for the majority of sales revenue, Yu added.
On the lack of spending on women's partners shown in the survey, Yu said it could also mean that men make their own decisions on what they are willing to buy.
With the rise of single-person households and smaller families, the self-pleasing economy among women is a trend that warrants deeper exploration and understanding.
According to this survey, in the past year, 57.9 percent of women invested in self-growth, while 82.5 percent made health-related purchases outside of medical costs. - China Daily/ANN

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Sun
41 minutes ago
- The Sun
Starbucks not considering full China exit
SHANGHAI: US cafe chain Starbucks said it is not currently considering a full sale of its China operations, after Chinese financial magazine Caixin reported that it was, without disclosing where it obtained the information. Starbucks has held preliminary talks with more than a dozen potential buyers, Caixin also reported on Monday, citing sources who did not specify what was for sale. Starbucks kicked off a formal sale process of its China operations in May, inviting interested buyers to submit answers to a list of questions by the end of last week, said three sources with knowledge of the situation. The Seattle-based company, advised by Goldman Sachs, asked interested buyers about their corporate culture, management style, sustainability measures, how they treat employees as well as the potential deal structure and business plan for Starbucks China, said the people who declined to be named as the information was not public. Starbucks however has not decided yet whether to sell a controlling or a minority stake in its China business, or whether it will keep some parts of its China operations such as its supply chain, said two of the sources. Starbucks declined to comment further on the details of the sale process. Goldman Sachs did not immediately respond to a Reuters request for comment. Starbucks opened its 1.5 billion yuan (RM894 million) Coffee Innovation Park in the city of Kunshan, neighbouring Shanghai, in 2023. The 80,000-sqm roasting plant has the capacity to supply all of Starbucks China's stores. More than 20 institutions responded to Starbucks, including a number of private equity firms, one of the sources said. Starbucks is expected to shortlist buyers for next steps, two of them said. 'The purpose was to let everyone tell their story freely and choose whatever the best prospect it is and proceed,' one of them said. Reuters reported in February KKR & Co, Fountainvest Partners and PAG are among buyout firms interested in acquiring a stake in Starbucks' China business. The sale comes as Starbucks has lost market share to lower-priced Chinese rivals in recent years as consumers tighten their purse strings and ever-cheaper options from fast-growing rivals Luckin and Cotti made it more difficult to justify prices of around 30 yuan per cup of coffee. Starbucks's market share in China has declined from 34% in 2019 to 14% in 2024, according to data from Euromonitor International, a market research provider. Price pressures have increased as big e-commerce firms in China offer consumer subsidies to stimulate their food delivery and 'instant retail' businesses, referring to deliveries made within one hour. These subsidies and coupons have pushed the price of a cup of coffee even lower, meaning consumers are often paying less than 5 yuan per cup of coffee delivered to their door. Earlier this month, Starbucks announced its first-ever price drop in China, lowering the price of some non-coffee iced drinks by an average of 5 yuan. – Reuters


The Sun
2 hours ago
- The Sun
China touts ‘proactive attitude' over drug control after US criticism
BEIJING: China touted its 'proactive attitude' towards drug governance on Tuesday, a day after it tightened controls over two chemicals that could be used to make fentanyl. The fentanyl trade has long been a thorn in the side of relations between China and the United States, with Washington accusing Beijing of turning a blind eye, something it denies. China added two previously unclassified precursors -- 4-piperidone and 1-boc-4-piperidone -- to a list of substances subjected to stricter regulation from July 20, a statement said on Monday. 'This move is an independent initiative by the Chinese government to fulfil its obligations as a signatory to the UN drug control conventions,' foreign ministry spokesman Guo Jiakun told a regular briefing when asked if the move was done in cooperation with the United States. 'It aims to strictly regulate precursor chemicals and reflects... its role as a responsible major country,' he added. The US and China this month agreed to a temporary truce in a standoff that saw tariffs hiked to eye-watering levels and upended global supply chains. In May, Washington and Beijing agreed to drastically reduce these tit-for-tat tariffs for 90 days, but the US additional tariff rate remained higher than China's because it includes a 20 percent levy over President Donald Trump's complaints about Chinese exports of chemicals used to make fentanyl. The US has seen tens of thousands of deaths related to opioids like fentanyl annually, though the latest figures, for 2023, showed a decrease from the prior year. 'The US has ignored China's goodwill and unreasonably imposed on China fentanyl tariffs,' Guo said. 'If the US truly wants to cooperate with China, it should face up to objective facts, correct its mistakes and engage in dialogue with China on the basis of equality, respect and mutual benefit,' he added.


The Star
4 hours ago
- The Star
Women flexing consumption muscle
Consumers check out figures at a Pop Mart store in Wuhan, Hubei province, on May 4, 2025. [Photo/VCG] Chinese women are emerging as an increasingly powerful and independent consumer demographic, with a rising preference for emotional value, self-care and collectible trends such as Pop Mart's Labubu, according to a survey. Among this year's most notable findings, 33.1 percent of women bought collectible dolls or figurines over the past year, including trendy items from brands like Pop Mart and Jellycat, reflecting a growing trend of "cute consumption". Some 5.8 percent of women purchased more than 10 figurines within a year. The "618 Women's Consumption Survey", jointly published by Women of China Magazine, Huakun Women's Life Survey Center and Huakun Women's Consumption Center, offers a close-up look at women's spending habits during the 618 festival and over the past year. Women exhibited rational spending behaviour, with 60 percent comparing prices across multiple platforms before placing orders. The most popular e-commerce platform was Taobao, used by 59.5 percent of respondents, followed by (36.4 percent), Douyin (32.2 percent), Pinduoduo (21.5 percent) and Meituan (10.7 percent). The survey underscores women's growing influence, not just as consumers, but as household financial decision-makers. A staggering 96.7 percent of all women surveyed manage their own finances. Among married respondents, 40.8 percent of women are in charge of overall family finances, 55.1 percent of women manage their own finances separately from their spouses, and only 4.1 percent of families have their spouse or partner taking overall responsibility for financial management. The ratio is higher than the average global level. According to data in 2023 by Euromonitor International, women head more than 42 percent of households in developed countries. Globally, 28.5 percent of households are headed by women. In the survey, children remain the top spending priority, with 50 percent of women citing them as the biggest expenditure category, followed by self-pleasure (43.3 percent), parents and even pets (2.5 percent) — which ranked higher than spending on partners or lovers. "The purchasing power of Chinese women is extraordinary," said Jason Yu, general manager of CTR Market Research. Their shopping habits extend well beyond cosmetics and personal care. They are pivotal in managing their families' purchases, catering to the needs of the elderly and children alike." Yu said women in China are often the ultimate decision-makers in a range of categories, from household goods to travel and entertainment. In the rapidly growing sectors of emotional consumption, such as blind boxes and the guzi economy — derivative products based on intellectual properties in comics, games and novels — women account for the majority of sales revenue, Yu added. On the lack of spending on women's partners shown in the survey, Yu said it could also mean that men make their own decisions on what they are willing to buy. With the rise of single-person households and smaller families, the self-pleasing economy among women is a trend that warrants deeper exploration and understanding. According to this survey, in the past year, 57.9 percent of women invested in self-growth, while 82.5 percent made health-related purchases outside of medical costs. - China Daily/ANN