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Women are buying more cars than men for the first time, according to a survey

2021-03-10

According to the survey data, women's spending on car purchases reached 22.28 percent in 2020, exceeding that of men (22.00percent).This is the first time in nearly a decade that women have outspent men in car buying, and women tend to buy cars at a younger age, with the majority aged between 26 and 35.
Where do women get the confidence to spend?The survey found that more women than men expect to earn the same or more this year than last year, and their spending is supported by real income.
What are women more likely to pay for?The survey found that the top three are tourism, health care and education and training.
Female entrepreneurs in China have entered an explosion, CCTV reported.According to a white paper on gender equality and women's development in China released by the State Council, the proportion of female entrepreneurs in China rose from 20 percent to 25 percent between 2005 and 2015.
According to data from e-commerce platforms, women now account for 40 percent of new brand bosses.The development of China's manufacturing industry and Internet e-commerce has significantly lowered the threshold for starting businesses and bridged the gap between men and women in starting businesses.It is also said that female bosses are better at understanding consumer needs and user experience.