China's vast consumer market is its greatest competitive advantage, says researcher

Added: 2026-05-26

[00:00:00]And if you're facing the truth of Chinese economy and why Chinese products are right now prevailing in many markets, many sectors, it's because that we have the largest population bases, 1.4 billion of population. This is not just a number for sales, but also means when you throw your products into this 1.4 billion of population market, people will use it and give you feedback.

[00:00:22]People will tell you, are you doing the right things or doing the wrong thing?

[00:00:26]Which part of your products need to be improved? You will get very quick and continuous feedback, you know, from the interaction between you and your market.

[00:00:35]And they will polish your products before it gets better and even achieve the best. So, every Chinese product before we, you know, sell them into overseas markets has already been tested again and again and failed again and again until it becomes successful inside of China already. So, that's very important.