Updated: Sep 12, 2020
Prior to the global Coronavirus pandemic, China’s economy was already showing signs of damage, with its growth rate decreasing to the slowest pace since the 1990s. With the GDP falling 6.8% in the first quarter of 2020, economic hardship has been rife. Yulin, being the 4th tier city, has been hit hard. There were some alarming signs of regression at this year’s dog meat festival in Yulin and as we mentioned in Part 1, our team in Yulin was finding more young people selling dog meat at the market this year out of desperation.
This has given us an urgency to speed up progress for our Entrepreneurship Project, which will offer young people in Yulin small loans and industry expertise to help them start a pet industry-related small business. We are now at the stage where we need to raise funds for a large scale campaign to attract more displaced young people, and prevent them from entering into the dog meat trade out of desperation.
The pet industry in China has seen a massive economic boom in the past several years, and according to National Bureau of Statistics data, showed a compound growth rate of an enormous 49.1% from 2010 to 2016. Chinese millennials have been shown to be the driving force behind this exponential increase, with those aged under 30 accounting for up to 45.2% of total pet owners in China in 2019. Excitingly, the industry is expected to reach somewhere close to $67 billion (USD) in China by 2023. If there’s one thing all this data can tell us, it’s that the industry is expanding quickly and will continue to do so, with countless new jobs being created every single day. We’re so excited about this clear sign of shifting cultural attitudes, and after seeing the way it directly diminishes the dog meat trade, we’re excited to put our efforts towards growing it even further.
So the time to act is now. We must do all that we can to encourage this great movement that seeks to displace the role dog meat has in Chinese culture. We’re committed to working hard to bring this Entrepreneurship Project to life to show that we can uplift and empower young Yulin people. Through working together, and educating them to see how dogs and cats can bring prosperity and goodwill to their communities, we can strengthen a narrative that is in total opposition to selling dog meat.
Want to get involved?
Please contact us if you have connections with any micro-giving organizations that might be interested in becoming our partners, or if you know of any retired business executives that would be interested in helping us develop our Entrepreneurship Project. We would love to hear any suggestions from you and your friends, so please feel free to share this blog via your social media.
Please also make sure to check out our merch store, consider sponsoring a dog or even donate. All proceeds will go towards helping Duo Duo Project’s strategically developed campaigns, including this much-needed Entrepreneurship Project, to enact positive change.
Together, we win.