Apart From Luxuries, Where Did The Chinese Spend Their Money?

China's economy is rising rapidly. The most talked about topic in recent years is that China's middle class buys a lot of high-end products in the US.

They passed.

And when you travel, you can buy it through a physical store.

Many high-end

All the stores in China began to recruit Chinese speaking salesmen.

But luxury is only part of the shopping list of Chinese customers. According to the statistics of major e-commerce platforms, Chinese people no longer love brand names. They are starting to buy more parity products and buy something that is not or too expensive in China.

This is great news for US retailers and factories.

Last year alone, Chinese customers bought "US made" products worth 109 billion US dollars, making China the third largest commodity exporter in the United States.

Better news is still behind. The survey shows that 61% of Chinese customers intended to buy higher priced products from the United States.

So apart from those luxuries, where did the Chinese spend their money? The answer is milk powder! Because of the scandal of milk powder that broke out in 2008, mothers began to buy overseas brands, and this trend has been maintained until now.

Now, not just milk powder, Chinese mothers will also buy many baby products, such as bottles, pacifiers, clothes, snacks and so on.

Baby products account for a large chunk of international shopping! Because the baby products are cheap and good to buy, China's major international business platforms call it Hai Tao's "knocking bricks", which means buying Western baby products brands to make Chinese customers taste the sweetness. Next, they will let go of their toys and buy them. This time it will not only be restricted to baby products, from cosmetics, clothes, electronic products to skin care products, and what they want to buy.

Investigators concluded that the reason why the Chinese people are scouring the sea is that they seek the quality and authority most. They believe that the United States buys high quality products.

Domestic electricity suppliers have also provided new zealand oysters and Alaska's salmon.

The Amoy crowd is divided into two parts. One group is young girls. They buy cosmetics and clothes in the evenings, and their buying motivation is not because they need, but they want.

In the survey, 40% of people had washed clothes or shoes in the past 12 months, and 38% had bought cosmetics.

The other group is married women and children.

They generally consume more, and are pregnant when pregnant began to buy pregnant women vitamins.

Once children are born, they start shopping madness, buy milk powder, diapers and other baby products.

And the more they buy, the more addictive they are, and finally they want to develop everything.

According to the survey, 60% of people have bought mother and baby products in the past 12 months.

There are more and more people in the sea. Western businessmen can enter the market and gain benefits at this time.

If Chinese businessmen do not try to change the status quo, their business will be in jeopardy.

This is a battle that takes lightly and loses.