China’s pet economy 3.0 -- Pampering paws and claws
2025-02-16 20:28 Xinhua
The 2024 edition of trademark categories has added a new one for pet jewelry, which reflects the market's positive response to the growing demand for pet-related products.
Data from iiMedia Research shows that China's pet industry market size is expected to reach 811.4 billion yuan by 2025, indicating a broad development prospect.
In this regard, industry insiders believe that the development of the pet economy can be supported through measures such as promoting legislation, strengthening supervision and improving services, and expanding pet-themed projects.