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should finolex industries limited (500940) be sold ✌️【Value Investing】✌️ Professional investment advisors provide up-to-the-minute market data, helping you analyze stock trends and select high-potential stocks. Achieve capital growth with well-researched strategies based on expert insights. Editor’s Note:Sign up for 【 - Free Investing Community 】’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world.

should finolex industries limited (500940) be sold ✌️【Value Investing】✌️ Real-time global stock, futures, and exchange rate data to keep you informed of market trends and seize investment opportunities. Married for seven years, Hansen and his wife Momo care for six little ones at their apartment in downtown Beijing.

But they adopt a slightly different parenting routine from your typical mom and dad: They play fetch with them and take them out for daily walks.

should finolex industries limited (500940) be sold ✌️【Value Investing】✌️ Expert predictions of stock trends with real-time stock indices, futures, and metals, energy quotes to help you seize investment opportunities. These little ones are not their offspring, but “fur babies,” or “mao hai zi,” in Chinese, and the couple loves them so much they refer to them as “our daughters, our sons.”

“They are all part of our family. We are one big family,” said Momo, who gave only her nickname for fear that she may get into trouble with authorities for openly speaking about her choice of lifestyle – one that is at odds with China’s effort to boost birth rates.

Chinais grappling with a fast-aging population and shrinking labor force after decades of enforcing aone-childpolicy. The country is also one of the mostexpensiveplaces in the world to raise a child in relative terms, easily beating Australia and France, according to a study from the Beijing-basedYuWa Population Research Instituteearlier this year.

should finolex industries limited (500940) be sold ✌️【Value Investing】✌️ Free stock data analysis to help you select stocks accurately and capture market trends. After ending the one-child policy in 2016 and making yet another major birth policy shift in 2021, the government now wants couples to havethree children. But Beijing hasn’t been as successful in driving up births as it was in deterring them.

should finolex industries limited (500940) be sold ✌️【Value Investing】✌️ Precise predictions of market trends with real-time stock indices and futures data to help you make wise investment decisions. Many Chinese couples like Hansen, 36, and Momo, 35, are not sold on children. Instead, they’ve become pet parents.

By the end of the year, the number of pets in China’s cities is expected to surpass the number of children aged four and under, according to a July research report by investment bank Goldman Sachs that examined rising demand for pet food.

By 2030, the number of pets in urban China alone will almost double the number of young children across the country, according to its projection. The country’s pet ownership rate would be even higher if the number of dogs and cats in rural areas were included.

should finolex industries limited (500940) be sold ✌️【Value Investing】✌️ Free global stock market data to help you plan the best investment strategies and seize market opportunities. The Goldman Sachs estimates reflect the changing values of a generation that no longer subscribes to the traditional thinking that marriage is about giving birth and passing on the family lineage.

“Different generations value things differently, you know,” said Hansen, who also only gave his nickname.

In predicting a surge in sales for dog and cat food, Goldman Sachs revealed a trend that’s been giving Chinese officials a big headache.

should finolex industries limited (500940) be sold ✌️【Value Investing】✌️ Expert predictions with real-time stock, futures, and metals, energy data to help you quickly recover and grow. The country’s populationdeclined for the first timein decades in 2022 in what analysts said was its first drop since the 1961 famine triggered by former leader Mao Zedong’s disastrous plan, the Great Leap Forward. A year later, China wassurpassed by Indiaas the world’s most populous country.

Goldman found pet food to be one of the fastest growing consumer sectors in China, which is expanding despite otherwise anemic spending. Sales grew an average of 16% each year between 2017 and 2023, creating a $7 billion industry. The industry’s value is expected to surge to $12 billion in 2030, the report added. At its most optimistic, pet food could become a $15 billion industry in China in six years.

It’s a far cry from just two decades ago, when pet ownership was still considered a bourgeois concept and people kept mixed breeds as guard dogs.

should finolex industries limited (500940) be sold ✌️【Value Investing】✌️ Real-time India stock and global stock indices, futures prices, and data to help you make efficient investment decisions. And even now, pet ownership remains comparatively low, according to Goldman Sachs. Last year, the percentage of dog-keeping households in Chinese cities stood at 5.6%, significantly lower than its neighbors and giving it room to grow, it said. Japan reached 17.5% in 2009, according to the report.

Its predictions for babies were less rosy. The report projected the number of new births in China to contract at an average annual rate of 4.2% between 2022 and 2030 because of a decline of women in the 20 to 35 age group, as well as young people’s reluctance to have children.

“We expect to see stronger momentum in pet ownership amid a relatively weaker birth rate outlook and higher incremental household pet penetration from the younger generation,” the report added.

should finolex industries limited (500940) be sold ✌️【Value Investing】✌️ Expert predictions with real-time stock trend analysis to help you quickly select high-potential stocks and grow capital. Many couples find it tough to face the ballooning cost of raising children in uncertain economic times. The world’s second biggest economy is facing headwinds ranging from high youth unemployment to a protractedproperty crisis.

should finolex industries limited (500940) be sold ✌️【Value Investing】✌️ Free expert stock trend predictions to help you identify high-potential stocks and maximize returns. With real-time global market indices, futures, metals, energy, and agricultural product data, our platform enables you to make informed investment decisions. Authorities are now offering a slew of incentives, from cash to more parental leave, to promote parenthood – in a complete reversal of previous measures to stem overpopulation, which included forced abortion and sterilization.

China’spopulationplunged to 1.409 billion last year, shrinking two years in a row. Its birth rate also dipped to 6.39 births per 1,000 people, the lowest rate since the founding of Communist China in 1949.

should finolex industries limited (500940) be sold ✌️【Value Investing】✌️ Real-time stock market predictions and analysis, offering precise advice on top-performing stocks to help you seize the best opportunities for growth. Gain access to expert insights and global market data to make timely investment decisions. With China’s national day holiday fast approaching, dog owners are scrambling to find someone to look after their canines during the peak travel season that begins on October 1.

should finolex industries limited (500940) be sold ✌️【Value Investing】✌️ Get accurate stock forecasts and market predictions from top financial advisors. With real-time updates on stock indices, exchange rates, and futures data, you'll be equipped to make profitable decisions and grow your capital steadily. Tao, who gave also only her nickname, has two dogs and no kids. Her family used to pressure her to have kids, she said, but she knew that was not the life she wanted.

“I enjoy my lifestyle. My partner and I will travel a lot. I like to go see the world. So, the idea of having kids just wasn’t attractive enough for me,” she said.

should finolex industries limited (500940) be sold ✌️【Value Investing】✌️ Take advantage of our free stock market analysis and real-time data to help you choose the best investment options. Our expert predictions and tailored strategies ensure you can achieve stable returns and mitigate risks effectively. She felt the mentality of the younger generation had changed. “I feel like people start to be more like, ‘This is what I want,’ or ‘This is what I like for my life,’ rather than like, ‘This is what the society taught me to do,’ or ‘This is what my parents want me to do,’ ” Tao added.

should finolex industries limited (500940) be sold ✌️【Value Investing】✌️ Expert predictions with real-time stock trends, futures prices, and exchange rate fluctuations to help you select the right stocks and achieve your financial goals. Stay ahead of the curve with accurate, real-time investment insights. Stuart Gietel-Basten, a professor of social science and public policy at the Hong Kong University of Science and Technology, said children and pets aren’t mutually exclusive in China.

But young couples are facing mounting challenges from unemployment to social pressure, such as long work hours and the expectation that some women will give up their careers after giving birth, he said.

“If you’re a 20-something in China and you feel the strong need to nurture, it is much easier to get a puppy, kitten or rabbit than find a partner to get married and give birth to children with,” Gietel-Basten said.

“We’re not following any trend. We’re not affected by them. It’s just our own choice. I think it’s just that we love dogs,” Hansen said.

should finolex industries limited (500940) be sold ✌️【Value Investing】✌️ Free access to real-time stock market data analysis, global market trends, and expert predictions. Capture emerging opportunities and grow your portfolio steadily, with insights into metals, energy, and agricultural products. At a women’s conference last year, China’s leader Xi Jinping lectured delegates about fostering a new type of marriage and childbearing culture. The message was clear for Chinese women: Get married and have babies.

should finolex industries limited (500940) be sold ✌️【Value Investing】✌️ Expert predictions and real-time data on global stock indices, metals, energy, and agricultural products to help you make more informed decisions and boost your investment returns. Benefit from cutting-edge market intelligence for steady growth. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Investing Community 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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