China pet sector purrs with growth, likely to climb to US$71bil


With the consumption upgrade and the number of Chinese families with pets rising, pet owners are spending increasing amounts of money on their pets, contributing to the burgeoning pet economy. — Bloomberg

BEIJING: On a typical day, Coco, a British shorthair cat, or the “daughter” of Jiang Hai and Yang Yi, wakes up to get some water from a smart drinking machine. She stretches and yawns lazily, then strolls to a smart feeder for her first meal of the day. The smart drinking machine and smart feeder record Coco’s diet information.

During the day, Coco feels free to eat and drink at will. When she goes to the litter box, the automatic box gathers her droppings into a plastic bag. At six o’clock, when Jiang returns home, he pets Coco, checks her daily diet condition and picks up the trash and dumps it.

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China , petsector , households , spending , IPOs

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