Asia's Leading Flower Market Cashes in on 'She Economy'
- Home
- News
- People
- In-depth
- ACWF
Asia's Leading Flower Market Cashes in on 'She Economy'
March 8, 2023Workers pack flowers at the Kunming Dounan Flower Market in southwest China's Yunnan Province, Jan. 31, 2023. [Xinhua/Chen Xinbo] |
KUNMING, March 7 (Xinhua) — In the run-up to International Women's Day, a frenzy of flower-buying has swept the bustling Dounan Flower Market in the city of Kunming, southwest China's Yunnan Province, thanks to the booming "she economy."
The expanding consumer power of women, based on China's historic progress on promoting gender equality and women's all-around development, has already garnered the attention of various sectors in a big way, including the flower industry.
As Asia's largest fresh-cut flower trading market with a yearly trade volume of 11 billion, the Dounan Flower Market is considered a reliable barometer of the performance of China's flower markets.
To embrace the buying bonanza in women-targeted categories, the market entered a preparation period on Feb. 22, with a stable and continuous increase in stock.
During the period, the market's highest average price for major flower categories on a single day was 4.54 yuan (about 66 U.S. cents) per unit, up 26 percent year on year. Meanwhile, the registered number of buyers and sellers in the market increased by 16 percent and 5 percent year on year, respectively.
According to Li Zhijun, with the Kunming International Flora Auction Trading Center, the flower trading index exceeded 1,000 points for two consecutive days last week, setting a recent trading record.
"The age range and coverage of the consumer group for the festive flower purchases are wide, with an increasing variety of popular flower types. Furthermore, with the abundance of seasonal spring flowers, consumers have a greater range of options to choose from," Li told Xinhua.
Between Jan. 1 and Monday, the trading center has logged a trade volume of nearly 200 million, with a year-on-year increase approaching 10 percent.
The flower consumption market has gradually recovered this year, and the diversification of sales channels and convenient logistics systems have contributed to a significant increase in sales volume, Li added.
(Source: Xinhua)
32.3KPlease understand that womenofchina.cn,a non-profit, information-communication website, cannot reach every writer before using articles and images. For copyright issues, please contact us by emailing: [email protected]. The articles published and opinions expressed on this website represent the opinions of writers and are not necessarily shared by womenofchina.cn.
Comments
Magazines
Projects
- 2023 Women Science and Technology Innovation Pioneer...
Photos
- People Enjoy Blooming Tulips in Jinan, East...
- Flowers Bloom Across China in Spring
Special Coverage
Related articles
'The Apprentice,' about a young Donald Trump, premieres in Cannes
CANNES, France (AP) — While Donald Trump’s hush money trial entered its sixth week in New York, an o2024-05-21I visited a £400 wellness retreat in Wales to try the ancient Japanese art of forest bathing
Walking barefoot down a muddy trail with a group of people I'd met the day before and attempting to2024-05-21Biden hosts Czech leader at White House to promote Ukraine aid amid holdup in Congress
WASHINGTON (AP) — President Joe Biden urged the U.S. House to immediately take up Senate-passed supp2024-05-21New rules for Pregnant Workers Fairness Act include divisive accommodations for abortion
NEW YORK (AP) — Workers are entitled to time off and other job accommodations for abortions — along2024-05-21- LOS ANGELES (AP) — Shohei Ohtani’s first walk-off hit for the Los Angeles Dodgers was also his first2024-05-21
Did Dwayne Johnson say he regretted supporting Biden in 2020? — Radio Free Asia
As the United States approaches its upcoming presidential elections, certain celebrities have begun2024-05-21
atest comment