Chinas Emotional Spending Fuels 625B Market Growth

Chinas Emotional Spending Fuels 625B Market Growth

Emotional consumption is emerging as a new normal in the consumer market. From Gen Z's 'enjoy-yourself' spending to middle-aged individuals' stress relief and the elderly's 'enjoying old age,' emotional needs across all age groups are driving market expansion. The market is projected to exceed 4.5 trillion yuan by 2029. Businesses need to understand consumer emotions and provide high-quality products and services to stimulate domestic demand and contribute to high-quality economic development. This requires a shift towards understanding and catering to the emotional drivers behind consumer choices.

02/03/2026 Logistics Industry Insights
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Pinduoduo Tests Lowprice Strategy in US Market Debut

Pinduoduo Tests Lowprice Strategy in US Market Debut

Pinduoduo's decision to launch its cross-border e-commerce venture in the US has sparked industry debate. Can Pinduoduo replicate its domestic success in the face of intense low-price competition and high product quality demands in the US market? This article delves into the challenges and opportunities Pinduoduo faces in the US, explores its strategy of benchmarking against SHEIN, and examines its entry policies and requirements. It also offers a perspective on its future development, considering the complexities of the US market and the pressures of maintaining low prices while ensuring quality.

02/03/2026 Logistics Industry Insights
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Ouda Launches Digital Smart Warehouse for Global Logistics

Ouda Launches Digital Smart Warehouse for Global Logistics

New Ouda Overseas Warehouse was recognized at the Qingdao Foreign Trade Industry Summit for its outstanding global network and service capabilities. Through data-driven global deployment and digitally empowered operations, New Ouda continuously improves cross-border logistics efficiency. It is committed to building a high-quality global logistics ecosystem, assisting Chinese brands in going global, and providing a practical model for the high-quality development of national foreign trade. The company leverages smart technology to optimize warehouse management and delivery processes, ensuring faster and more reliable service for its clients.

02/03/2026 Logistics
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Smart Hydropower Expo in Chengdu Advances Renewable Energy

Smart Hydropower Expo in Chengdu Advances Renewable Energy

The 2026 Smart Hydropower Development Conference and Technical Equipment Exhibition will be held in Chengdu in July 2026. It aims to promote new quality productive forces in the hydropower industry and serve the construction of a new energy system. The conference will bring together global hydropower experts and industry resources, focusing on technological innovation, model optimization, and ecological collaboration. It will build a platform for the integration of government, industry, academia, research, and application, promote the implementation of cutting-edge technologies and project cooperation, and lead the high-quality development of the hydropower industry.

02/03/2026 Logistics Industry Insights
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