China Companionship Economics: You must have often heard that to reduce loneliness, people go out for a walk, talk to their family and friends. However, you will be surprised to know that someone is also giving money to overcome loneliness. Yes, remove your loneliness by giving money. These days, a new trend has started in China, in which people have started looking at loneliness from the perspective of a business. He has named it ‘Companionship Economy’, which means company that supports.
In this, people hire a stranger for a few hours, so that he can spend time with them. Listen to their words and they should not feel lonely. However, the matter is not limited to this, in this service people also go hiking and outing together. Overall, their job is simply to remove each other’s loneliness. Let us know complete information about it.
How big is this business?
The biggest reason behind this service is the modern lifestyle, that is, the youth who lives away from his family, is busy with work and is worried about his family. The purpose of this service is to support them and keep them away from loneliness. There is no government data of this companionship economy, but according to the estimates of government media, its value in the year 2025 will be around 50 billion yuan i.e. 7.4 billion dollars.
This work is mostly being done by students and young gig workers, who promote their services on social media apps like Douyin and Xiaohongshu. This service is not only for young men and women who are troubled by work, but also people who are troubled by relationships, people struggling with health issues and people going through all kinds of problems.
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The real reason behind loneliness
Experts believe that there are many social reasons behind this. Due to long-term youth unemployment in China, many graduates are turning to gig work because they are unable to get permanent jobs. Apart from this, another big reason behind this is that in China there has been a rule of one child in a family, the effect of which is that many children do not have brothers and sisters. For this reason, loneliness is seen more there. In today’s generation, youth do not like to share their problems even with their family and friends, due to which they remain alone. In such a situation, they find it easier to share their problems with an unknown person by paying money. This is the reason why this service is gradually becoming popular among the people.
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