China's 2024 pet economy hits 345.3B yuan. Pet food, supplies & healthcare show differentiated growth, driven by social changes, Gen Z consumption & policies. Domestic brands rise via innovation.

China’s 100M pets fuel RuiPai Pet Hospital’s IPO bid (548 clinics, $2.3B revenue). The pet healthcare boom faces profit volatility and integration risks amid emotional spending-driven growth.

At the 2025 Beijing Pet Industry Forum, Huawei’s expert highlighted AI large models’ role in pet medical care and drug R & D. They fill professional gaps, cut R & D costs, and offer a 5 - link transformation path, boosting the “pet economy” amid investment recovery.

2025 China pet industry investment & financing market warms up with 34 events and over 700M yuan investment. Pet pharmaceutical, food & supplies lead; early-stage investment dominates, showing strong industry vitality.