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on average, while the corresponding number for a dog is 4,723 yuan, said the report.
Much of a pet’s expenses are on food. For a cat, it is about 1,340 yuan, with medical care requiring 742 yuan on average.
“About 41 percent of the 99.8 million pet-keeping Chinese households now have cats,
and the number is still growing,” said Neil Wang, president of Frost & Sullivan China.
In addition to 67 million pet cats, there are more, adopted or given by friends and families, the company’s report said.
This has spawned a cat culture of sorts, spanning a variety of business activities.
For instance, specialist apps offer a service called “cloud petting” for those who
do not own a pet cat. The latter can follow “cat celebrities” on social media platforms.
have expanded. Now, bakeries, cinemas, convenience stores, gyms are all channels that dairy makers are try
ing to access,” said Yu Xubo, chairman of the board of directors of Mengniu, and president of COFCO Group, China’s largest food trader.
“We have also found that the purchase of fresh dairy products is increasing in major
cities among middle to higher-income earners,” said Yu, who is also a deputy to the 13th National People’s Congress.
This year, Mengniu said it plans to establish specific cold chain logistics cha
nnels and strengthen its ability to produce and transfer fresh dairy products.
Meanwhile, the dairy maker has developed some niche products. It has introduced sports milk with a high protein
content tailored to those who work out often, and milk that acts as a meal substitute, both of which have seen high
er-than-expected sales, driven by new and more diversified demand from consumers, the company said.