第一财经

From Buying Goods to Buying Experiences: What International Visitors Spend on in Shanghai

原文:从买东西到买体验:国际游客在上海消费什么

A Deep Dive into Shanghai's Inbound Tourism: Foreigners Are No Longer Just There to Shop, They're There to Experience Life

Hello everyone, I'm your financial journalist. Today, we're going to talk about a particularly interesting phenomenon: in the past, when foreigners came to China, especially to Shanghai, the image that came to mind was them going to shopping malls to buy goods, luxury items, and electronic products, right?

But recent data and trends show that things have changed. What do foreign tourists, especially those coming to Shanghai, prefer to do now? They love visiting ancient towns to wear Hanfu, going to old docks to have clothes tailored for them, getting glasses fitted in just 20 minutes at a glasses mall, or even going to a spa center to relax as soon as they get off the plane.

Behind this shift is not just a change in how people travel, but also a reflection of China's economic restructuring. Today, I'll break down this in-depth report into five key points in simple language, showing you how Shanghai has transformed its everyday life into something that attracts international visitors.

1. The Shift in Spending: From Buying Goods to Buying Experiences

First, let's look at where the money is being spent. According to the National Bureau of Statistics, service retail sales grew by 5.3% in the first half of the year, outpacing commodity retail sales. This means that people (including foreign tourists) are increasingly willing to pay for services and experiences rather than just buying items to take home.

This trend is especially evident in Shanghai. In 2025, Shanghai welcomed a record number of inbound tourists, an increase of nearly 40%, generating approximately $15 billion in spending. UnionPay's data is even more telling: Korean and American tourists account for a large proportion of their spending on experiential and service-related activities, at 66.59% and 79.32% respectively.

What does this indicate? It shows that Shanghai is no longer just a shopping paradise for foreigners; it's also a place for unique experiences. They're no longer just interested in what they can buy; they're interested in what they can experience there. This shift from material consumption to service consumption is the most significant change in Shanghai's inbound tourism.

2. Case Studies: The Everyday Activities That Fascinate Foreigners

Behind the macrodata are some very tangible examples of what attracts foreigners:

  • Zhujiagiao Ancient Town: From just taking photos to becoming part of the local culture. Visitors now wear Hanfu, get makeup, listen to Pingtan (a traditional Chinese form of storytelling), and drink tea by the water. The low entry barrier and high level of engagement make this an experience that's tangible and shareable. With 2.27 million inbound tourists choosing this place, it's clear they want to be part of the culture, not just spectators.
  • Shiliupu Dock: The old tailor shops here have become internet-famous spots. Foreigners come to have their clothes tailored by master tailors, whether it's a cheongsam or a suit. Why is this popular? Because the process is full of ritual (using measuring tapes, drawing lines), and it's efficient (design upstairs, fitting downstairs). What they take away is a piece of clothing, but what they remember is the “Shanghai-made” experience.
  • Zhongxing Road Glasses Mall: The mall became viral on TripAdvisor for its “20-minute glasses fitting” and “fifth of the price in Europe and America.” In many countries, getting glasses can take weeks, but here it only takes half an hour. This contrast between Chinese efficiency and great value makes it a “miracle of the city” for foreigners.
  • Transportation Hubs and Spa Centers: Many foreigners don't go to the Bund right after landing; they go to spa centers first. Long flights are tiring, and these centers offer a one-stop service with bathing, sauna, dining, and rest, available 24/7, at a much better value than hotels. This local experience, combined with the promotion by internet influencers, has made them new tourist destinations.
  • International Medical Services: Dental, eye, and traditional Chinese medicine treatments have become common. The number of foreign patients using Shanghai's public hospitals has increased by over 8% year-on-year. The key is the speed and quality of services—minor surgeries can be completed in 24 hours, and overnight check-ups are available, seamlessly integrating medical care into their trip. This is not just about receiving treatment; it's also a vote of trust in Shanghai's professional services and efficient management.

3. The Deep Logic: Why Do Foreigners Prefer Shanghai's Everyday Life?

There are three main reasons why these seemingly ordinary services attract global attention:

  • Algorithms Shaping Travel Decisions: In the era of social media like TikTok and REDnote, traditional “one-time visits” are no longer enough. Foreigners use algorithms to find experiences that showcase their taste and unique experiences. The trend of “becoming Chinese” reflects their desire to live like locals. Shanghai, with its convenient city functions and cultural inclusiveness, is the perfect place for such immersive experiences.
  • Chinese Efficiency + High Value for Money: The cost of services in Shanghai is often one-tenth to one-third of the price in Europe and America, and the speed is incredible. Coupled with relaxed visa policies (visa-free for certain countries and transit visas) and advanced digital infrastructure (QR code payments, convenient taxis), these factors remove barriers to spending. The experience of getting good things for less money and quickly makes a strong impression.
  • Re-evaluation of Chinese Everyday Life: In the past, foreigners' perception of Chinese culture was linked to big symbols like the Great Wall and kung fu. Now, this has shifted to the small, real, and cost-effective aspects of daily life—drinking hot water for health, traditional Chinese massage, etc. These details are the best way to bridge cultural gaps. Each tourist's sharing contributes to the spread of these cultural values.

4. Future Challenges: Turning Short-Term Successes into Sustainable Growth

The challenge is to turn these popular experiences into sustainable, scalable consumer trends. The article suggests three approaches:

  • Reducing Barriers to Consumption: Simplifying the service consumption process, making it easier for tourists to access services in languages they understand, with convenient payment methods and reservation systems. For example, improving the payment system, providing multilingual services and customer support, and optimizing exit tax refunds.
  • Packaging Services into Products: Combining services into standardized products that tourists can easily purchase, such as “2-hour glasses fitting experiences,” “half-day cheongsam tailoring,” or “24-hour Shanghai experience packages.” This can make it as easy to buy these experiences as buying tickets. Additionally, integrating Shanghai's “five centers” (business, finance, technology, culture, and innovation) to offer themed tours like “industry tours,” “finance tours,” and “technology tours,” and promoting local cultural assets like Suzhou embroidery and opera.
  • From Viral Promotions to Active Brand Building: Shanghai needs to actively build a brand that focuses on service experiences. It should participate in international tourism exhibitions, seek international certifications, and target specific countries with targeted promotions to tell the story of Shanghai's everyday life in a global context. The goal is to turn occasional successes into a regular part of travelers' experiences.

5. Conclusion: The New Logic of Growth for Shanghai

In essence, this report reveals a profound change: International tourists in Shanghai are looking for more than traditional tourist products—they're looking for culturally distinct services with price advantages and efficient experiences, as well as city stories worth sharing.

This is not only the growth logic for Shanghai's inbound tourism but also a reflection of China's service consumption transformation. When everyday life becomes valuable, efficiency becomes a competitive advantage, and culture becomes participatory, Shanghai becomes more than just a tourist destination; it becomes a place to experience a global lifestyle.

For us all, this means that ordinary services like getting glasses, spas, traditional Chinese medicine, and custom clothing may see more international opportunities. For Shanghai, the challenge is to turn these local experiences into something that can attract visitors on a long-term basis.