Highlight China Common topics China Perspectives Faith & Belief Personages Nations & Customs Arts Daily Life
Phrase & Stories Mandarin Chinese Medicine KungFu Sightseeing Food & Drink Archit & Design Business


I want to know
something about ...
I love to answer a
question above...
I like to share an
inspiring article...
Show knowledge
share your views
and opinions
Sign up for free,
Get latest information
Pets contribute to China芒鈧渟 economy
06/04/2012 05:35:25    Author : kathyby66@gmail.com    Browse : 1403

Pets contribute to China"s economy

China, the world"s most populous nation, has about 150 million pet dogs, about one for every nine people - suggesting yet another promising consumers" market in the country, according to the China Animal Agriculture Association"s National Kennel Club.

An average Chinese city has about 100,000 dogs and gains about 10,000 per year, while large cities can have twice as many. Beijing had more than 500,000 pet dogs in 2004.

Behind the large pet population, analysts said, is a market with huge growth potential.

Pet owners in Beijing spend more than 500 million yuan (more than 60 million US dollars) on their pets a year, according to the kennel club, and Shanghai seems to have a new pet shop open almost every week.

A purebred, well-shaped dog can sell as much as a million yuan, while the cheapest cost just tens of yuan.

Pet sales and services such as medicine, hairdressing and food are also emerging industries here.

Experts predicted that the annual sale of pet food and necessities in the country might exceed 6 billion yuan by 2008.

They also predicted the market potential for the "pet economy" in China could reach a minimum of 15 billion yuan.


About Us    |    Statement    |   Advertising   |   Feedback   |   Contact Us
     website counter 19445 All Rights Reserved Since 2008