Recent years have seen the rise of the "lazy economy," as many young Chinese are seeking hyper-convenient services to simplify their daily routines at home.
The so-called "lazy economy" is an umbrella term that includes services such as home manicures, pre-cooked meals, smart home devices, and dog-walking. Despite great market potential, the "lazy economy" has been accused of dragging consumers into a vicious circle of laziness.
Although the word, "lazy," may be misleading, the "lazy economy" is essentially the purchase of a convenience-driven lifestyle, which not only affords young Chinese consumers more quality leisure time, but also leads to the emergence of new professions and the creation of new job opportunities.
In fact, the "lazy economy" has its origins in multiple products and services that have already taken a strong hold in daily life. Predecessors of this new trend include designated driver services, robot vacuum cleaners, and housekeeping services. Therefore, it should be understood as a logical product of the continuous specialization of labor and a sign of progress.
