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What is causing the decline of Accedere Limited (531533) ✌️【Asset Growth】✌️ Free real-time stock index quotes to help you quickly seize market opportunities and achieve capital growth. As a wedding photographer, Tan Mengmeng’s livelihood depends heavily on people getting married, capturing the joy and happiness of a couple’s love.

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.

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What is causing the decline of Accedere Limited (531533) ✌️【Asset Growth】✌️ Expert predictions with real-time stock trends, futures prices, and exchange rate changes to help you select stocks accurately and increase investment returns. 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.

What is causing the decline of Accedere Limited (531533) ✌️【Asset Growth】✌️ Free real-time stock data analysis to help you capture global market trends and steadily grow your capital. 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.

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What is causing the decline of Accedere Limited (531533) ✌️【Asset Growth】✌️ Precise stock market trend predictions with free real-time quotes for India stocks, US stocks, and European stocks to help you seize the best investment timing. 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.

What is causing the decline of Accedere Limited (531533) ✌️【Asset Growth】✌️ Professional investment advisors provide real-time market data to help you analyze stock trends and select high-potential stocks, increasing capital growth. 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.

What is causing the decline of Accedere Limited (531533) ✌️【Asset Growth】✌️ Free stock selection service with precise predictions of high-potential stocks to help you stay ahead in the market. 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.

What is causing the decline of Accedere Limited (531533) ✌️【Asset Growth】✌️ Expert market predictions with real-time global market, futures, metals, and energy data to help you stay in tune with market trends. 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.

What is causing the decline of Accedere Limited (531533) ✌️【Asset Growth】✌️ Free break-even services with professional advisors to help you quickly recover and avoid losses, achieving steady growth. Tan said a man once spent the whole photo session fiddling with his phone. The woman started crying.

What is causing the decline of Accedere Limited (531533) ✌️【Asset Growth】✌️ Real-time global market indices and futures data to help you capture market opportunities and achieve stable growth. 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.

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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 Stock Tips Group 】.

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.”

What is causing the decline of Accedere Limited (531533) ✌️【Asset Growth】✌️ Real-time updates of global stock, futures, and commodity market data to keep you in sync with the latest market trends. 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.

What is causing the decline of Accedere Limited (531533) ✌️【Asset Growth】✌️ Free real-time global stock and futures trend data to help you analyze market movements and make fast investment decisions. 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 Stock Tips Group 】. 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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