Gen Z

A Weibo debate ignited by #AdviceAgainstBuyingCarsAndHousesBefore35 centers on a content creator’s suggestion to postpone major purchases until one’s mid-thirties, advocating for renting and stock market investments instead. This strategy aims to accumulate wealth, prioritizing experiences initially and later utilizing savings for housing or entrepreneurship. Critics argue against the anti-car stance, emphasizing the value of personal transportation for broadening horizons. The discussion highlights the tension between immediate gratification and long-term financial security for young adults.

Tech mogul Zhou Hongyi highlights a shift in Gen Z spending. Young consumers are driven by attitude and aesthetics, channeling their spending power into ten emerging trends. These include the “Good Goods” economy (IP merchandise), self-indulgence, single living, value-consciousness, pet care, holistic wellness, convenience, therapeutic experiences, personal growth, and entertainment. Gen Z prioritizes emotional gratification and quality of life, indicating a need for market adaptation.