Some foreign manufacturers are shifting attention to smart household technologies to cater to China’s increasingly wealthy and health-conscious consumer market. Photo: EPA
US trade war pushing foreign lighting companies to shift focus of China production to serve domestic market
- Lighting producers are targeting an increasingly wealthy and educated Chinese population with value-added products such as Bluetooth enabled appliances
- Next driver of consumption in world's second largest economy will be services and leisure experiences, says researcher TS Lombard
Topic |
China economy
Some foreign manufacturers are shifting attention to smart household technologies to cater to China’s increasingly wealthy and health-conscious consumer market. Photo: EPA
