Consumers in China are dining at nicer restaurants — even if it costs $500 a person

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Consumers in China are dining at nicer restaurants — even if it costs $500 a person
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'The pandemic ... affected consumers, and now they're more likely to want to treat themselves,' said Tang Yan, a Black Pearl representative.

The brand has seven restaurants — including a soft open this year in collaboration with a Shanghai art gallery. Lu Style's cuisine comes from the province of Shandong, including many of the ingredients themselves. The restaurants offer seasonal menus and meticulous design — one outlet in Beijing claims the peony bush they transplanted to an outdoor seating area is 880 years old.

The 2023 rankings selected 304 restaurants — most of which were in China, including Lu Style. Several of the venues were in smaller cities. Restaurants in Jinan, Changsha and Wuxi made the list for the first time. She said spending for business gatherings at the restaurants has declined slightly, but spending by individuals or families has risen by a greater scale.

"It was a full house," she said, despite the $500 per person price. Lu noted the ingredients came from different parts of China, while the courses had "some very intriguing textures and flavors."

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