USEUROPEAFRICAASIA 中文双语Français
Home / Business

Wedding spending on the rise

By Zheng Yiran | China Daily | Updated: 2018-12-04 07:37

Industry will double from 2017 level to surpass 3 trillion yuan by 2021, report predicts

The nation's wedding industry, which stood at 1.46 trillion yuan ($210 billion) in 2017, is estimated to surge 24.66 percent year-on-year to reach 1.82 trillion yuan this year, and to surpass 3 trillion yuan by 2021, according to a report released by market research company ASKCI Consulting.

The growth comes despite fewer people getting married. Statistics from the Ministry of Civil Affairs showed that last year 10.59 million couples registered their marriage in China, down roughly 7 percent from 2016.

Wedding spending on the rise

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US