From hiking to hotpot, lonely consumers in China fuel a $74 billion companionship economy - Finance news and analysis from Global Banking & Finance Review
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From hiking to hotpot, lonely consumers in China fuel a $74 billion companionship economy

Published by Global Banking & Finance Review

Posted on June 2, 2026

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· Last updated: June 2, 2026

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Lonely Consumers Drive China’s $74 Billion Companionship Economy Boom

The Rise of the Companionship Economy in China

By Sophie Yu and Casey Hall

BEIJING, June 2 (Reuters) - On the stone steps leading up Mount Tai, one of China’s best-known peaks, hikers can book and pay for “climbing buddies” to walk with them, carry bags and take photos for a few hundred yuan.

The increasingly popular service is part of a broader “companionship economy” emerging in China, which includes paid partners for running, sightseeing and even eating out at hotpot restaurants – a meal traditionally shared with friends.

Providers, often students or young gig workers, advertise on social media with promises of “emotional value”, conversation and practical help, turning what was once an experience or favour among friends into a bookable – and payable – service.

While there is no official data about the size of the companion economy, estimates cited by state media said it was worth around 500 billion yuan ($74 billion) in 2025.

Changing Urban Lifestyles and Emotional Consumption

The trend reflects broader shifts in China’s urban lifestyles and service economy. Researchers and state media have described growing demand for “emotional consumption” as young people live and work farther from family networks, face longer working hours and have a harder time maintaining traditional social ties.

Flexible Work and Youth Unemployment

China's prolonged youth unemployment has coincided with - and contributed to - a growing reliance on gig and flexible work among young people, as graduates and job seekers turn to delivery, ride‑hailing and other online platform work in the absence of stable jobs. Official data shows China has more than 200 million so-called flexible workers.

Paying for Company: Real Stories from the Companionship Economy

Entrepreneurship in Hiking Companionship

After leaving the army in 2022, Chen Wenxin founded a hiking-companion company, with a focus on the eastern province of Shandong.

“I have always been a hiker and have a lot of hiking experience," Chen said. "I noticed rising demand in the hiking escort service, then decided to try my hand in the field.”

His team has expanded from fewer than 10 workers to about 370 now. He said the company charges 800 yuan ($116) for daytime climbs on Mount Tai, the highest point in Shandong.

The Psychology Behind Paid Companionship

Psychotherapist Sami Wong, managing director of research firm 3Drips Psychology, said the appeal of paid companions is partly about certainty and control in a social environment that can otherwise feel like a lot of effort and high-risk.

Meeting people requires emotional labour and investment, she said, and “the outcome is very uncertain,” which creates anxiety. Paid companionship can help customers avoid the sting of rejection.

“When you pay for this service you always get a 'yes',” Wong said.

Gig Work as a Travel Companion

Tang Junxing, 24, a junior at a university in the southern Chinese city of Guilin, said he earns pocket money as a travel companion. The side gig started when a university professor asked him to be her driver on a week-long road trip.

“That’s when I realised you can actually make money by accompanying people on trips and driving for them,” he said. Tang says he typically earns 3,000 to 5,000 yuan a month.

“Most of my clients are women and their core need is emotional value, someone who makes them feel good and makes the trip easy,” he said.

(Reporting by Sophie Yu in Beijing and Casey Hall in Shanghai; Additional reporting by Chenxi Yang; Editing by Neil Fullick)

Key Takeaways

  • Paid companionship—from hiking buddies to hotpot partners—is a rising sector in China’s emotional consumption trend amid urban isolation and weakened social ties (e.g. Mount Tai hiking companions). (scmp.com)
  • State media and analysts estimate that China’s companionship economy may be worth approximately 500 billion yuan (~$74 billion) in 2025, though other forecasts place it nearer to 50 billion yuan. (china.org.cn)
  • This trend intersects with broader labor shifts: China's flexible gig workforce—numbering over 200 million to 240 million, especially among youth—drives supply of companionship services even as lack of job stability and emotional dislocation fuel demand. (chinadaily.com.cn)

References

Frequently Asked Questions

What is the companionship economy in China?
The companionship economy in China refers to a growing trend where people pay for companions to join them in activities like hiking, dining, or sightseeing, meeting emotional and practical needs.
How much is China's companionship economy worth?
Estimates cited by state media value China's companionship economy at around 500 billion yuan ($74 billion) in 2025.
Who provides companionship services in China?
Providers are often students or young gig workers who advertise services on social media, offering emotional value and practical assistance.
Why are companionship services popular among young people in China?
Growing urban isolation, longer working hours, and a rise in flexible work have increased demand for paid companionship and emotional consumption.
What types of activities do paid companions in China offer?
Paid companions can join clients for hiking, running, sightseeing, driving, or dining, offering company and support during these activities.

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