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China Luxury Market Consumption under the Covid-19 Pandemic

2023· article· en· W4386639310 on OpenAlexaff
Jiaqi Lin

Bibliographic record

VenueAdvances in Economics Management and Political Sciences · 2023
Typearticle
Languageen
FieldHealth Professions
TopicGlobal Healthcare and Medical Tourism
Canadian institutionsUniversity of British Columbia
Fundersnot available
KeywordsChinaConsumption (sociology)BusinessCoronavirus disease 2019 (COVID-19)PandemicCommerceMarket economyEconomicsGeography

Abstract

fetched live from OpenAlex

China's luxury market is becoming outstanding in the whole world industry. With the sudden outbreak of COVID-19 at the end of 2019, almost all industries have been affected to a greater or lesser extent. However, China's luxury market recovered rapidly and showed a strong growth trend from 2020-2022, following a brief downturn. Therefore, after analyzing and collecting relevant market reports and industry reports, this paper finds that consumption return, digital transformation, the rise of the new generation of consumer groups, and favorable Hainan duty-free policy can be used as four reasons to explain the rapid recovery and growth of China luxury market under Covid-19. This paper further studied the strategies of international luxury brands to cope with the pandemic situation, such as the change of channels while integrating Chinese elements and the increasing attention to environmental factors. Finally, this paper shows a positive attitude toward the growing trend of China's luxury market in the future. It gives suggestions for the future development of brands and investors in such an industry.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.001
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.026
Threshold uncertainty score0.052

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0000.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.001
Science and technology studies0.0010.000
Scholarly communication0.0020.001
Open science0.0000.001
Research integrity0.0010.000
Insufficient payload (model declined to judge)0.0040.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.116
GPT teacher head0.478
Teacher spread0.362 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations1
Published2023
Admission routes1
Has abstractyes

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