The Surprising Way Motherhood Changed Me

The End Result Was Absolutely Amazing

As we undergo a global economic downturn, the “Spend now, think later” belief is getting less relevant in our society. Today’s consumer tends to be more mindful about consumption, looking for just enough and better, more durable options. People have also become more conscious of the impact their everyday consumption has on the environment and society. They’re looking for ways to mediate their material desires with an aim to do more good in the world. A linear economy is slowly shifting to a circular one.

Consumption as a share of gross domestic product in China has fallen for six decades, from 76 percent in 1952 to 28 percent in 2011. China plans to reduce tariffs on a number of consumer goods and expand its 72-hour transit visa plan to more cities in an effort to stimulate domestic consumption.