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虎嗅 2026-05-27

The three "vests" of consumerism that have deceived you the longest

A new outfit on the same old machine

What looks like rebellion against consumption is often just consumption in a new costume. Brands and platforms in China have repackaged buying as identity and emotion — “small pleasures,” “delicate poverty,” “decluttering” — and many young shoppers have embraced the language. Xiaohongshu (小红书) and Dianping (大众点评) are full of notes and group-buy lists that frame bargain hunting, second‑hand purchases and even discounted near‑expired food as lifestyle choices, not compromises. Are consumers opting out, or simply choosing the prettiest menu item served to them?

Who profits — and how

The mechanics are straightforward. Brand teams design emotional hooks that turn a low‑cost product into a status marker. It has been reported that Luckin Coffee (瑞幸) has seen its single‑cup average price climb to over 15 yuan, nearly double from three years ago, while some milk‑tea chains are pushing average tickets into the 25–35 yuan band and top brands beyond 50 yuan. Meanwhile, “affordable luxury” segments and so‑called alternatives to big‑name cosmetics have grown rapidly; the mid‑priced beauty market reportedly exceeded 80 billion yuan by 2026. Platforms amplify the effect: every “worth it” post on Xiaohongshu becomes social proof that nudges others to buy.

Why the story matters

This is not a morality tale about gullible consumers. The emotional payoff — feeling cared for, curated, competent — is real and valuable. But it’s also productized. Reportedly, emotional‑category spending (collectibles, aromatherapy, premium leisure services) grew over 40% in 2025, while basic functional sectors expanded under 5%. Platforms win with engagement; brands win with margin; consumers win with feeling. Over time, however, users report more anxiety and less satisfaction as the novelty wears off — the very fatigue that birthed “anti‑consumption” talk becomes another trend to be sold.

A quick guide for Western readers

China’s platforms are different from Western peers in scale and social integration: Xiaohongshu functions part social network, part commerce engine; Dianping remains a central discovery channel for local deals. At the same time, the sector operates under Beijing’s heightened regulatory scrutiny and within a broader “dual circulation” policy that prioritizes domestic demand — factors that shape how platforms and brands innovate. So when you see “minimalism” or “segmented anti‑consumerism” trending online, understand it as a commercial ecosystem adapting fast: new rhetoric, old incentives. Reportedly, the garment simply changes; the machine keeps humming.

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