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Chinese Valentine's Day sparks consumption

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      China

      China

      Chinese Valentine's Day sparks consumption

      2024-08-09 17:23 Last Updated At:18:47

      ⁠⁠⁠⁠⁠⁠⁠Qixi Festival, or Chinese Valentine's Day, is evolving beyond its original focus on love, as many young people are increasingly embracing self-expression and personal fulfillment, shifting the emphasis from romantic gifts to individual treats.

      This year's Qixi Festival falls on Saturday.

      At Chinese capital city Beijing's vibrant shopping zones, many people are redefining the celebration of Qixi.

      "I specifically came to buy a cup of Qixi-themed coffee during my lunch break at work. Drinking this coffee is a small ritual for my hardworking day," said a resident in Beijing.

      Instead of waiting for a gift from Mr. Right, many people picked gifts for themselves in stores.

      "I bought a bottle of perfume. I knew there was a Qixi-themed pop-up perfume store here, so I came to check it out. It's beautiful and great for photos. It feels like the marketing isn't just targeting couples but can perfectly hit every girl," said another Beijing resident.

      According to an iResearch report, singles are rapidly emerging as a significant consumer group in China, with their spending increasing by 15.2 percent to 4.9 trillion yuan in 2023.

      Service providers including retailers and restaurants are taking this opportunity to launch new products and services.

      Many restaurants are offering exclusive singles sets for Valentine's Day, with prices ranging from under 100 to nearly 2,000 yuan.

      "We've introduced some dishes with Qixi Festival elements. The singles economy is becoming a major part of consumer spending in first-tier cities. The rate of singles in Beijing is increasing annually. We see great potential in this market, especially given the high number of office workers here who might need our services," said Yang Chunlong, co-founder of Hu Tea House Hotpot.

      "We previously did a balloon giveaway on Children's Day and found that many adults liked it too. So we decided to give out balloons at the Qixi Festival. It's a day all about love, and we want everyone to feel a bit of that joy," said Wang Xuefei, manager of a store named Koukoo.

      Official estimates suggest that by the end of 2024, the number of single individuals in China could surpass 300 million.

      Chinese Valentine's Day sparks consumption

      Chinese Valentine's Day sparks consumption

      Next Article

      Senior CPC official mourns passing of Laos' former president

      2025-04-04 01:21 Last Updated At:03:17

      Wang Yi, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, went to the Lao Embassy in China on Thursday to mourn the passing of Khamtay Siphandone, former Lao president and former chairman of the Lao People's Revolutionary Party (LPRP).

      Wang, also director of the Office of the Foreign Affairs Commission of the CPC Central Committee, wrote a message in the condolence book.

      Wang said that Chinese President Xi Jinping on Wednesday sent a message to Lao President Thongloun Sisoulith, extending his deep condolences over the passing of former president Khamtay.

      Comrade Khamtay was an outstanding leader of the older generation of the Lao party and state, who made significant contributions to the development of relations between the two parties and two countries, Wang said.

      China stands ready to work with Laos to promote the steady development of the China-Laos community with a shared future under the guidance of the important consensus of the top leaders of both parties and nations, Wang said.

      The Lao side expressed sincere thanks for Wang's condolence visit.

      Senior CPC official mourns passing of Laos' former president

      Senior CPC official mourns passing of Laos' former president

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