A lot of pet owners now think of their pets as part of the family. — Pexels
A Goldman Sachs report said that for the first time in 2024, the number of pets in China had surpassed the number of children under the age of four. It further projects that by 2030, the former will nearly double the latter in number, reported Xinhua.
As reference, China was home to 73.4 million infants and toddlers under four years old in 2021, a number that has dwindled in recent years due to birth rate declines.
