China was once the world’s most populous nation, but in recent years its birth rate has been falling. While more people are choosing to have fewer or no children, there has been a rise in pet ownership. Pets are on track to outnumber toddlers two to one by the year 2030.

Beijing

China has seen a decline in its birth rate in recent years, resulting in a shift in household trends. As more people choose to have fewer or no children, pet ownership has increased significantly. Currently, there are an estimated 100 million domesticated dogs and cats in China, with approximately one in every eight urban residents owning a pet.

The growth of pet ownership has led to a booming industry, now valued at about $49 billion. Entrepreneurs have developed various businesses catering to pet owners, including specialized malls, restaurants, clothing stores, and even pet kindergartens. These businesses aim to provide not only basic needs but also lifestyle experiences for pets and their owners.

Despite the Chinese government ending its one-child policy and now allowing up to three children per family, many young people are opting not to have children. Analysts predict that by 2030, the number of pets in China will outnumber toddlers two to one. Factors cited by young Chinese residents include the higher opportunity cost of settling down and starting families compared to previous generations.

Some individuals, like Beijing resident Tao Zhu, consider their pets to be family members and have created businesses to meet their needs. While she has not ruled out having children in the future, her current focus remains on her pets and her business.



China's pets set to outnumber toddlers in just five years

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