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SMIFS Capital Markets Limited Share Price ✌️【Risk Management】✌️ Precise stock selection service to help you avoid losses and quickly recover and grow. Provides real-time global market, metals, energy, and agricultural product data to assist you in making informed decisions.

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But China’s marriage rate has been steadily declining and the 28-year-old, who runs a photography studio in central Henan province, has felt the urge to expand her stream of revenue to capitalize off a growing trend: divorce.

In addition to lovers exchanging vows, she now takes photos of couples who want to commemorate, and in many cases celebrate, the end of their marriage.

Official figures show that marriage rates in China are plummeting, declining annually from around 13 million in 2013 to below 7 million in 2022, the lowest since records began in 1985, according to data from China’s National Bureau of Statistics.

SMIFS Capital Markets Limited Share Price ✌️【Risk Management】✌️ Professional stock market analysis, real-time data, and expert recommendations for high-potential stocks. Take advantage of market opportunities and improve your capital growth with strategic investment plans. The country saw a slight bump last year, up towards 8 million, but authorities remain concerned about the trend.

SMIFS Capital Markets Limited Share Price ✌️【Risk Management】✌️ Receive professional stock analysis with real-time updates on market movements. Make quick investment decisions and capitalize on profitable opportunities. Meanwhile, the number of divorces has surged, hitting a record high of 4.7 million in 2019, more than four times higher than two decades ago, according to the data.

SMIFS Capital Markets Limited Share Price ✌️【Risk Management】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. The government has tried to reverse the rise, imposing a new law in 2021 requiring couples to go through a 30-day “cooling off” period before splitting. It led to a temporary decline, but the number of divorces has since jumped again, up 25% percent in 2023 from the year prior, data showed.

SMIFS Capital Markets Limited Share Price ✌️【Risk Management】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. The two shifts have contributed to a deepening demographic crisis facing the world’s second-biggest economy, exacerbated by a slowing economy, a rapidly aging population and the fact that fewer women are having children after thedecades-long one-child policy.

SMIFS Capital Markets Limited Share Price ✌️【Risk Management】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. Tan says she pivoted her photography services to divorcees after seeing the long queues outside government offices that handle separation.

SMIFS Capital Markets Limited Share Price ✌️【Risk Management】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. Since last year, Tan has photographed some 30 couples, capturing moments of heartbreak and joy as they sever marital ties.

Her foray into China’s budding divorce economy reveals a lot about the country’s changing attitude towards marriage.

SMIFS Capital Markets Limited Share Price ✌️【Risk Management】✌️ Professional investment advice with real-time updates on stock indices and futures data. Stay ahead with expert predictions and market insights. While divorce used to draw stigma in Chinese society, which has always placed great emphasis on family unity and stability, many young people are now choosing not to get married. For those who do choose to wed, there is greater acceptance if the marriage doesn’t work out.

SMIFS Capital Markets Limited Share Price ✌️【Risk Management】✌️ Free break-even services and stock analysis to help you recover quickly from losses and increase your chances of making profitable investments. The cultural shift has spawned a booming business in divorce photography not only for Tan, but also for other photographers hoping to profit.

Photos shared on Chinese social media Xiaohongshu show some couples signing their divorce papers, while others pose with their divorce certificate.

“29 years old. Happy divorce,” one user wrote alongside a photo of her marriage and divorce certificates side by side.

Companies also now offer services to get rid of a divorcee’s old wedding mementos and any other unwanted mementos in a ceremonial way.

Peng Xiujian, senior research fellow at Victoria University in Australia, says the changing times reflect a younger generation prioritizing personal freedom and career development.

“The idea of staying in an unhappy marriage ‘for the sake of appearances’ or out of obligation is losing its grip,” she said.

Peng, who studies demographic trends in China, also attributed the decline in marriages to both economic and social factors, including the high-pressure work environment, a competitive labor market and the high cost of living.

“It is not shameful to be brave enough to divorce,” Tan said. “Both parties still have feelings…and want to commemorate the relationship.”

One couple who hired Tan chose a restaurant where they had their first date. The couple ordered a few nostalgic dishes, sitting opposite each other motionless. “At the end of the photo shoot, both of them cried,” Tan said.

SMIFS Capital Markets Limited Share Price ✌️【Risk Management】✌️ Real-time global stock market trend analysis to help you identify profitable opportunities and improve your investment strategies. While they cared for each other, the wife could no longer stand arguments with her in-laws and her husband was too caught up in work to help resolve the conflicts, Tan said.

SMIFS Capital Markets Limited Share Price ✌️【Risk Management】✌️ Expert predictions on stock market movements with real-time data, ensuring you can make quick decisions and capture market opportunities. Tan said a man once spent the whole photo session fiddling with his phone. The woman started crying.

SMIFS Capital Markets Limited Share Price ✌️【Risk Management】✌️ Free access to real-time stock indices, futures data, and market predictions to help you select high-return stocks and build a profitable portfolio. When the woman got the photos back, she noticed there weren’t many featuring her ex-husband. “I didn’t dare tell her that it was the man who asked me to try not to take photos of his face,” Tan said.

SMIFS Capital Markets Limited Share Price ✌️【Risk Management】✌️ Professional stock market predictions and analysis with real-time data to guide your investment decisions and ensure steady growth. Soon after, Tan found out the man had booked another photographer to take wedding photos with his new partner.

SMIFS Capital Markets Limited Share Price ✌️【Risk Management】✌️ Free stock selection service with expert predictions and real-time market insights, providing you with the best investment strategies for long-term success. While female clients account for most requests she receives, Tan says she makes sure men also share the costs.

In a factory 60 miles outside of the Chinese capital Beijing, Liu Wei and his team run a business that helps divorced couples destroy the evidence of their marriage.

Faces on old wedding photos are spray-painted, to ensure privacy is respected, before being tossed into a crusher along with other tokens of memories.

Liu said he sometimes feels like a doctor, having to navigate through the separations without getting too emotional.

“A divorce might not necessarily be a bad thing. It could be a good thing. So there’s no need to feel sad about it,” Liu told 【 - Free Professional Portfolio Management 】.

His services, which cost between $8 and $28, have been in such high demand that business is thriving, he said. Since his factory opened in 2021, he’s already destroyed wedding photos for around 2,500 couples.

Gary Ng, an economist with French investment bank Natixis, said that while it is hard to predict the size of the market and room for growth, China’s divorce rates rising means “there is bound to be more economic activities surrounding it.”

SMIFS Capital Markets Limited Share Price ✌️【Risk Management】✌️ Real-time updates on global stock trends and expert market analysis to help you select profitable stocks and grow your wealth effectively. Tan, the photographer, is already thinking ahead on how to grow her business. Her latest plan involves luring return clients in case fate brings the divorced couples back together.

SMIFS Capital Markets Limited Share Price ✌️【Risk Management】✌️ Expert predictions of stock trends to help you select high-potential stocks and achieve stable growth. Real-time global market indices, futures, metals, energy, and agricultural product data to help you seize market opportunities. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Professional Portfolio Management 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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