Your consulting partner for precise decision making, and connecting you to China.

We will periodically publish insightful articles targeting the Chinese market, covering automotive, technology, and consumer goods sectors. These articles will encompass various aspects such as news, data, trends, user insights, and expert surveys.

The monthly Newsletter - July - Auto
Data:Production & Sales status (All/NEV); Production & Sales status (PV/CV) Fun fact:Leading Ideal's Sleep Assistance System Patent Granted; Xpeng launches intelligent multi-scene cabin feature; Huawei Cloud aims next No.1 in autonomy; The Intelligent Connected Vehicle High-Precision Map Development Alliance was established; Baidu launches a full 3D lane-level map as a human-machine cooperative driving map; Volkswagen's investment in Xpeng to leverage the advantages of its localized technology Hot topic:How are Chinese automakers performing as they begin to expand into overseas markets?
The aging trend and industry in the Chinese market
According to data from the National Bureau of Statistics, the proportion of people aged 60 and above in China reached 19.8% in 2022, indicating that China has officially entered a profound stage of aging. The aging process in China is expected to continue accelerating and be challenging to reverse due to factors such as declining birth rates, increased life expectancy, and population migration. It is projected that by approximately 2035, the population of individuals aged 60 and above will exceed 400 million, accounting for over 30% of the total population, indicating a stage of severe aging.