China booming pet market

China growing pet market

The number of pet dogs and cats in China is over 91 million, exceeding the entire population of Sichuan province. Spending on pets grew 27 percent to 170.8 billion yuan (US$24.81 billion) in 2017 from the previous year, far exceeding the country’s consumption growth. It’s estimated that China now has 73.55 million pet owners. Of […]