Prospect Of Children'S Wear Industry In 2020

China business intelligence network news: with the continuous rise of China's national living standards and the increasing attention of society and families to the next generation, the proportion of children's consumption expenditure in household consumption expenditure has increased year by year. China's children's wear market is stepping into a stage of rapid development, Since 2016, the birth of two children has been liberalized. In 2016, the number of births was 17.86 million, an increase of 1.31 million over the previous year. Two years ago, the number of people who can afford to have children has gradually declined from two years ago to the policy of child-bearing. China's birth rate is the lowest since 1949, with a birth rate of 1465 thousand.

Data source: compiled by National Bureau of statistics and China Academy of Commerce and industry

Looking at the historical data, the number of people born after 80, 90, 00 and 10 are 221 million, 208 million, 163 million (162.583 million) and 163 million (163.06 million) respectively. According to the calculation, there are 325.64 million people born in the "00 generation" and "10 generation" generation, and 429.398 million people in the "80 generation" and "90 generation" group. In the first 20 years of this century, 103.76 million people were born less than in the last 20 years of the last century.

Data source: compiled by National Bureau of statistics and China Academy of Commerce and industry