Research Article
Open access
Published on 17 May 2024
Download pdf
Song,Y. (2024). Fan Economy and Irrational Consumption in China. Communications in Humanities Research,30,175-180.
Export citation

Fan Economy and Irrational Consumption in China

Yutong Song *,1,
  • 1 Hangzhou Dipont School of Art and Science

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2753-7064/30/20231764

Abstract

In recent years, the high-speed development of the fan economy in many parts of the world, China particularly, has influenced society significantly. In many cases, those fans might overconsume products related to their idols because of their irrational decision-making and consumption. This phenomenon occurs very frequently, especially among young populations, and may further lead to both positive and negative impacts. There may be new commercial opportunities and economic growth, but also severe impacts on individuals who made irrational consumption and on the whole society. For example, the TFBOYS Ten-Year Appointment Concert in Xi’an China is a suitable case, and it might be one of the biggest or the most influential idol events in the history of China. Therefore, this research paper will analyze this case to understand the relationship between fan economy and irrational consumption and give some suggestions on how to avoid the negative impacts.

Keywords

Fan economy, Irrational Consumption, Impacts, Factors, Suggestions

[1]. Mantao Fang. (August 16, 2023). Analysis of investment prospects of Chinese fan economy industry: Promote consumption and drive economic growth. ChinaIRN. https://www.chinairn.com/hyzx/20230816/114901352.shtml

[2]. Alan Hewison and Tracey Joad. (2018). Pearson Edexcel International AS/ A Level Economics Student Book 1. Pearson Education.

[3]. Yiru Zhao. (August 18, 2023). TFBOYS 10th anniversary concert: A multi-win money trip. China Business Herald. https://baijiahao.baidu.com/s?id=1773655996440795728&wfr=spider&for=pc

[4]. China Economic Industry Research Report. (2023). Dry goods! Understand the status quo of the development of the fan economy industry: promote consumption and drive economic growth. Netease. https://m.163.com/dy/article/HU0TDBU10552SV13.html

[5]. Xing Deng, Menglian Deng. (2020). Irrational internet consumption under fan economy. Research on Transmission Competence, 2, 162-163. https://wenku.baidu.com/view/b0b8dc64ae02de80d4d8d15abe23482fb5da0277.html?fr=income7-doc-search&_wkts_=1697448542214&wkQuery=%E7%B2%89%E4%B8%9D%E7%BB%8F%E6%B5%8E%E4%B8%8B%E7%9A%84%E9%9D%9E%E7%90%86%E6%80%A7%E6%B6%88%E8%B4%B9%E8%A1%8C%E4%B8%BA

[6]. Yilu Liang, Wanqi Shen. (March 27, 2017). Fan economy in the Chinese media and entertainment industry: How feedback from super fans can propel creative industries’ revenue. Global Media and China, 1(4), 331-349. https://doi.org/10.1177/2059436417695279

[7]. B. J. Casey, Kristina Caudle. (April 16, 2013). The Teenage Brain: Self Control. Current Directions in Psychological Science, 22(2), 82-87. https://doi.org/10.1177/0963721413480170

[8]. Ran Zhang. (Oct 2021). Discussion on fan economic behavior and development direction in idol talent shows. New Economy, 37-40.

Cite this article

Song,Y. (2024). Fan Economy and Irrational Consumption in China. Communications in Humanities Research,30,175-180.

Data availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

Disclaimer/Publisher's Note

The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.

About volume

Volume title: Proceedings of the 2nd International Conference on Interdisciplinary Humanities and Communication Studies

Conference website: https://www.icihcs.org/
ISBN:978-1-83558-387-6(Print) / 978-1-83558-388-3(Online)
Conference date: 15 November 2023
Editor:Javier Cifuentes-Faura, Enrique Mallen
Series: Communications in Humanities Research
Volume number: Vol.30
ISSN:2753-7064(Print) / 2753-7072(Online)

© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license. Authors who publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See Open access policy for details).