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China may have more pets than children under 4 by year end – Report
By Francesca Hangeior.
China’s urban pet population is set to surpass the number of children under four by year end, according to reports by CNN and Goldman Sachs.
The reports, released on Thursday, noted that China’s population is ageing rapidly and its workforce is shrinking, following decades of a one-child policy.
A study by the YuWa Population Research Institute found that China is one of the most expensive countries to raise a child, surpassing Australia and France in relative terms.
China’s government, which ended the one-child policy in 2016 and later relaxed birth restrictions in 2021 to allow three children, is now struggling to boost birth rates, having previously been successful in limiting them.
Couples interviewed for the study like Hansen, 36, and Momo, 35, are opting out of having children and instead choosing to become pet owners, a trend increasingly common among Chinese couples.
Owner Tao hangs out with dogs at Space, a dog hotel in Beijing. Photo: Justin Robertson/CNN
A Goldman Sachs report predicts that by year’s end, the number of pets in China’s urban areas will exceed the number of children under the age of four, driven by growing demand for pet food.
Goldman Sachs projects that by 2030, urban China’s pet population will nearly double the number of children under four nationwide.
This estimate only accounts for urban areas, and the total number of pets would be even higher if rural areas were included.
According to Goldman Sachs, the rising pet ownership in China reflects a shift in values among younger generations, who no longer prioritise marriage and childbearing as a means of continuing family lineage.
“Different generations value things differently, you know,” said Hansen.
Goldman Sachs reports that China’s pet food sector is booming, with sales growing 16% annually from 2017 to 2023, reaching $7 billion.
The industry is projected to expand to $12 billion by 2030, with a potential upside of $15 billion in just six years, making it one of the fastest-growing consumer sectors in the country.
The report highlights that the pet industry’s surge in China marks a stark contrast to just 20 years ago, when keeping pets was seen as a luxury of the wealthy and mixed-breed dogs were primarily valued as guard animals.
China’s birth rate is also expected to decline by 4.2% annually from 2022 to 2030, driven by a shrinking population of women aged 20-35 and a growing trend among young people to delay or forgo having children.
“We expect to see stronger momentum in pet ownership amid a relatively weaker birth rate outlook and higher incremental household pet penetration from the younger generation,” the report stated.
Rising costs and economic uncertainty are deterring many Chinese couples from having children.
“The world’s second-biggest economy is facing headwinds ranging from high youth unemployment to a protracted property crisis,” CNN noted.
China’s government has shifted its approach, replacing restrictive population control measures like forced abortions and sterilisations with enticing incentives, such as cash rewards and extended parental leave, to encourage people to have children.
China’s population has dropped for two consecutive years, hitting 1.409 billion, with a record-low birth rate of 6.39 per 1,000 people, the lowest rate since the founding of Communist China in 1949.
News
Video: Niger Residents Scoop Oil From Another faulty Tanker Days After Explosion Killed 96
Just two days after over 90 people were burnt to death in a tanker explosion that also left scores injured in Niger State, residents massed around another fallen truck in another community.
The fresh incident occurred in Bida town on Monday.
In a widely circulated video online, young persons were seen milling around the broken down truck.
While some managed to scoop, others fled in different directions, apparently to prevent being caught up in an unfortunate situation.
Premium Times quoted a resident, Yinusa Jiya, as saying, “The people were not even afraid despite earlier assumption that it was petrol.”
Another eyewitness, Fatimah Mohammed, told the newspaper that the tanker was carrying groundnut oil.
“It fell around AYM Shafa filling station yesterday (Monday) and residents stole huge amounts of the groundnut oil dripping from the tanker”, she added.
The development came two days after the deadly tanker explosion that killed about 98 people around Dikko Junction, Gurara LGA, Niger State.
Daily Trust reports that the death toll from the deadly explosion has been on the rise as some persons who sustained injuries died in the hospitals where they were being treated.
President Bola Ahmed Tinubu while reacting to the situation, mandated the National Orientation Agency (NOA) to step up a campaign against scooping during such a situation.
The Nigerian Governors’ Forum (NGF) said it was worried by the casualty figures and magnitude of burns.
The Niger State Emergency Management Agency (NSEMA) said 86 bodies were mass-buried on Sunday.
Several other injured victims are still receiving treatment for first degree burns in various hospitals.
Authorities have blamed citizens for the devastating loss of lives and injuries in the explosion, saying the fire was ignited by those trying to scoop fuel.
Niger State has suffered several incidents in the past which resulted in several loss of lives.
More than 50 travellers died in a midnight tanker explosion along the Agaie-Badeggi road on September 8, 2024.
Watch video below:
https://twitter.com/i/status/1881656404005822674
News
Tinubu Gov’t Approves Construction Of New Refinery In Nigeria
President Bola Tinubu‘s government has granted a license to establish a new refinery through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
This license has been awarded to MRO Energy Limited, an energy firm, for the construction of a refinery with a capacity of 10,000 Barrels Per Stream Day to be located in Imode, Ughelli, Delta State.
Naija News reports that this announcement follows the previous issuance of a license to Process Design and Development Limited two months ago, allowing for the creation of a new refinery with a capacity of 27,000 barrels per day in the Dole-Wure area of Akko, Gombe State.
In a statement posted on its official X account on Tuesday, the authority noted, “The Authority Chief Executive, Engr. Farouk Ahmed, presented a License To Establish a 10,000 Barrels Per Stream Day Refinery at Imode in Ughelli, Delta State, to MRO Energy Limited.”
This recent development indicates that Nigeria now officially possesses approximately 11 modular and conventional refineries, thereby enhancing the nation’s refining capabilities.
Earlier this month, the Petroleum Products Retail Outlets Owners Association of Nigeria announced a partnership aimed at establishing a new refinery with an initial capacity of 50,000 barrels per day.
Nevertheless, despite the increase in the number of refineries, many remain inactive, with several not operating at full capacity or efficiency.
The Nigerian Upstream Petroleum Regulatory Commission has set a target of 770,500 barrels of oil per day for domestic refineries.
News
Notorious bandit Bello Turji frees all captives as military plan assault
Notorious bandit leader Bello Turji has reportedly released all individuals held captive by his group.
Lake Chad Basin counter-terrorism and insurgency expert, Zagazola Makama, made this announcement on Tuesday, January 21, 2025.
This information came to light following increased military operations aimed at capturing the fugitive and dismantling his network in Zamfara State and surrounding regions.
It was discovered that Turji’s decision to “free the captives is linked to the intense pressure from the Nigerian Armed Forces under Operation Hadarin Daji and Operation Forest Sanity.”
Recent airstrikes and ground offensives targeting his hideouts in Fakai, Shinkafi, and nearby areas have significantly weakened his group, leading to their retreat.
Makama stated, “The release of the captives is being seen as a strategic move by Turji to avoid further escalation or a direct confrontation with security forces who have been closing in on him.
“The troops have vowed to get him whether dead or Alive.”
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