Skip to content

Singles’ Day 2023 sees Chinese consumers hunting for low prices, local brands – South China Morning Post

Singles’ Day 2023 sees Chinese consumers hunting for low prices, local brands – South China Morning Post

Chinese consumers on the hunt for low prices, local brands on Singles’ Day shopping festival as economy shows signs of turning a cornerIn recent years, 48-year-old government employee Shen Ling, from eastern Jiangsu province, has been no different to most of mainland China’s roughly 900-million-strong online contingent of consumers who looked forward to hefty discounts on Singles’ Day, the world’s largest shopping festival.Shen typically spent tens of thousands of yuan on promotions during this retail extravaganza, thanks to her “iron rice bowl” – referring to an occupation with guaranteed security in Chinese. Shen’s circumstances, however, have changed after her annual salary… 

Read More

EcomEye.com Southeast Asia eCommerceFor Press Release and guest posts, feel free to reach mb[at]ecomeye.com/mb.asia[@]icloud.com 

Leave a Reply