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
Some foreign manufacturers are shifting attention to smart household technologies to cater to China’s increasingly wealthy and health-conscious consumer market. Photo: EPA