Loneliness in China spurs growth of companionship economy

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The companionship economy has emerged as more people stay single, forgoing the traditional path of marriage and children, amid an economic slowdown and an increasingly educated population.

China’s previous one-child policy has also led to younger generations of Chinese being dubbed “China’s lonely generation”.

“But the bedrock of this industry is about fulfilling emotional and psychological needs, as younger Chinese are not as concerned about physiological needs such as food and housing, compared with older generations,” 

more professional companions will be needed as the country ages, to accompany older Chinese for medical checks, including doctor visits and physiotherapy.