How China’s online opinion leaders – or KOLs – convert fans to sales, creating a nearly US$9 billion industry

  • More than 70 per cent of Chinese Gen Z consumers prefer buying products directly via social media
  • In 2016, China’s KOL economy was valued at about 58 billion yuan (US$8.6 billion)

Yingzhi Yangin Beijing
Chinese KOL Becky Li. Photo: Handout

The Kardashians may have been able to create a US entertainment phenomenon by revealing their luxurious lifestyle through a long running reality TV series, but Chinese key opinion leaders (KOLs) have been able to convert fans and generate sales on a level their western peers can only dream of.

While western influencers are mostly video bloggers on Instagram or YouTube, Chinese KOLs can be columnists, socialites, photobloggers, or short video creators – and they have multiple channels through which they can become famous, including social media platforms WeChat and Weibo, social networking service Douban and video platform Douyin – known as TikTok in the west.

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