Headlines from China: Bilibili Signed Framework Agreement With BBC Studios

Bilibili Signed Framework Agreement With BBC Studios

Young people’s favorite video sharing platform Bilibili strikes a strategic cooperation agreement with BBC Studios that aims at expanding their past cooperation efforts. The two companies said in the joint announcement that they will increase commissioning of new content and will jointly develop BBC Studios or Bilibili IP for the Chinese market. Moreover, Bilibili will be the exclusive Chinese distributor for landmark BBC titles like “Green Planet” and “The Mating Game,” and new scripted fantasy series “The Watch”. Read more cn.gold.com

Three Trends in Young Consumer Spending in China From Euromonitor

As China’s economy continues to rebound in the third quarter, all eyes have turned to consumer spending—a crucial pillar for the nation’s recovery. But where and how are those consumers spending? The global market research provider Euromonitor International recently published the consumer-driven report “How China’s Urban Millennials and Gen Z Live and Spend” about the social groups that “represent one of the most critical forces shaping the outlook for the Chinese consumer market.” Read more Jing Daily