Across the Chinese mainland, a vibrant trend is reshaping urban life: the booming parent-child consumption market. Family-friendly services are popping up everywhere—from playful malls and themed hotel suites to kid-approved menus at restaurants. This surge, powered by the nationwide rollout of the three-child policy and a push for a more family-friendly society, marks a golden era of consumer growth.
According to the National Bureau of Statistics, by the end of 2024 the Chinese mainland had about 240 million children aged 0 to 15, representing 17.1% of the population. With rising incomes and evolving spending habits, experts forecast the market could exceed 5 trillion yuan (roughly $685 billion) by 2025.
Modern parenting is getting a cool upgrade as millennials and Gen Z lead the way in seeking high-quality family experiences. Travel, in particular, is a favorite bonding activity. For example, Xia Ye and Hu Peng are excitedly planning a May Day holiday trip to the Three Kingdoms Theme Park in Wuxi with their 5-year-old son, building on past adventures like Shanghai Disneyland and sunny beaches in Sanya. Stories of friends exploring Zhuhai’s Chimelong Ocean Kingdom and even Universal Studios in Japan are turning family outings into epic adventures! 🚀🎢
This dynamic parent-child boom is not only boosting businesses but also fostering deeper family bonds and unforgettable cultural experiences. Stay tuned as this trend continues to drive innovation and joyful living across the Chinese mainland!
Reference(s):
Parent-child consumption emerges as a key growth driver in China
cgtn.com