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lokesh machines limited (lokeshmach) ✌️【Investment】✌️ Real-time updates on global stock trends and expert market analysis to help you select profitable stocks and grow your wealth effectively. Editor’s Note:Sign up for 【 - Free VIP Investment Strategies 】’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world.

lokesh machines limited (lokeshmach) ✌️【Investment】✌️ Receive expert stock predictions with real-time updates on global market trends, including stock indices, futures prices, and forex fluctuations. Use our insights to improve your investment strategies and boost your returns. 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.

lokesh machines limited (lokeshmach) ✌️【Investment】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. 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.

lokesh machines limited (lokeshmach) ✌️【Investment】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. 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.

lokesh machines limited (lokeshmach) ✌️【Investment】✌️ Expert stock predictions and free stock selection services to help you achieve optimal returns and long-term growth. 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.

lokesh machines limited (lokeshmach) ✌️【Investment】✌️ Receive professional stock analysis with real-time updates on market movements. Make quick investment decisions and capitalize on profitable 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.

lokesh machines limited (lokeshmach) ✌️【Investment】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. 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.

lokesh machines limited (lokeshmach) ✌️【Investment】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. 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.

lokesh machines limited (lokeshmach) ✌️【Investment】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. 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.

lokesh machines limited (lokeshmach) ✌️【Investment】✌️ Free real-time global stock trend updates to help you capture market movements and make better 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.

lokesh machines limited (lokeshmach) ✌️【Investment】✌️ Professional investment advice with real-time updates on stock indices and futures data. Stay ahead with expert predictions and market insights. 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.

lokesh machines limited (lokeshmach) ✌️【Investment】✌️ Free break-even services and stock analysis to help you recover quickly from losses and increase your chances of making profitable investments. 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.

lokesh machines limited (lokeshmach) ✌️【Investment】✌️ Real-time global stock market trend analysis to help you identify profitable opportunities and improve your investment strategies. 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.

lokesh machines limited (lokeshmach) ✌️【Investment】✌️ Expert predictions on stock market movements with real-time data, ensuring you can make quick decisions and capture market opportunities. 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.

lokesh machines limited (lokeshmach) ✌️【Investment】✌️ Free access to real-time stock indices, futures data, and market predictions to help you select high-return stocks and build a profitable portfolio. 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.

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