China’s Gen Z is leisure shopping as a way to combat unemployment and economic woes

**China’s Gen Z is leisure shopping as a way to combat unemployment and economic woes**

**In a bid to ease the negative effects of the country’s slowing economy, China’s Generation Z is increasingly turning to leisure shopping as a way to combat unemployment and economic woes.**

**As the world grapples with the economic fallout of the COVID-19 pandemic, China has been particularly hard hit. The country’s economy grew by just 2.2% in the first quarter of 2023, its slowest pace in decades.**

**This has led to a spike in unemployment, particularly among young people. According to the National Bureau of Statistics, the unemployment rate for people aged 16-24 was 16.2% in March 2023, the highest level on record.**

**In response, China’s Gen Z is increasingly turning to leisure shopping as a way to cope with the economic downturn. This trend has been dubbed .

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