Press Review

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[September 13th – 19th]

Panda Review 17 China digital news

So what happened these past 2 weeks in China ? 

Read our press review below: all the best news about E-commerce, digital marketing, social media, KOL news, travel retail and tourism industries, new technologies, Chinese society and culture. And sometimes, great Chinese digital market white book or report to download that we found for you!

🛍️ E-commerce & Co.

Panda review e-commerce
SOUTH CHINA MORNING POST – September 19, 2021

China plans tax crackdown on richest entertainers, including online influencers

China is set to conduct regular tax investigations into top entertainers including online influencers, promising serious punishment for offenders amid a deepening crackdown on the entertainment industry and lucrative culture of fandom.

 

Panda review e-commerce
JING DAILY – September 15, 2021

Is There an Opportunity for Adaptive Fashion in China?

“Inclusivity” has become a hot buzzword in most luxury marketing campaigns in China. Yet, consumers with disabilities are still underrepresented there.

 

Panda review e-commerce
PREMIUM BEAUTY NEWS – September 14, 2021

Online shopping to account for nearly 30% of global beauty sales by 2026

Health and beauty e-commerce will grow more than three times faster than store-based retail over the next five years.

 

🤳 Digital Marketing, KOL 

Panda review digital marketing & kol
TIME – September 17, 2021

Tencent Opens WeChat to Rivals’ Links as China App Walls Crumble

From Friday, users who upgrade to the latest version of the messaging service can access external services such as Alibaba Group Holding Ltd.’s Taobao online mall or ByteDance Ltd.’s video app Douyin, both of which were previously walled off from WeChat’s billion-plus members.

Panda review digital marketing & kol
DAO INSIGHTS – September 15, 2021

Yakult sees plummeting sales through failed marketing strategies in China

Yakult, a Japanese probiotic drink brand, used to enjoy tremendous popularity in the Chinese market. However, in September, the Chinese government fined Yakult 450,000 RMB ($69,840) for fake claims on preventing coronavirus. Chinese consumers now value health much more than ever, but what Yakult didn’t expect was they also believe in facts, not ideas.

Panda review digital marketing & kol
JING DAILY – September 14, 2021

5 Key Consumer trends for the post COVID-9 era

COVID-19 continues to transform the way consumers engage with luxury products. But which post-pandemic trends will stick around?

👀 New Technologies

Panda review new technologies
CHINA DAILY – September 19, 2021

China advances industrial application of quantum technology

In recent years, China has achieved a series of breakthroughs in quantum technology, including the world’s first quantum satellite, a 2,000-km quantum communication line between Beijing and Shanghai, and the world’s first optical quantum computing machine prototype.

Panda review new technologies
DAO INSIGHTS – September 17, 2021

Beijing aims to be the “benchmark city” for the Global Digital Economy

On Friday morning, Beijing announced initial success in developing a world-class digital economy – an economy based on digital computing technologies. The city set a plan for the next few years, and sees itself as a “benchmark” for global digital economic development in the next five to ten years.

🏮 Society & Culture

Panda review society and culture
DAO INSIGHTS – September 17, 2021

Chinese consumers to spend 21.81 billion RMB on mooncakes

In 2020, the three-day Mid-Autumn Festival brought 1.38 billion RMB ($214 million) of revenue to one Chinese restaurant alone, where 14,600 tons of mooncakes were sold. This year, the overall sales of mooncakes are estimated to rise up to 21.81 billion RMB ($3.38 billion).

Panda review society & culture
DAO INSIGHTS – September 15, 2021

Everything you need to know about how to tackle Chinese Gen Z’s anxiety

China’s Gen-Z face anxiety in all aspects of their life: workplace pressure, education, relationships and marriage, raising children, and caring for their elderly relatives. Trends like neijuan (内卷), sang (丧) and tangping (躺平) have then emerged.