"Gilded Cages: Shanghai's Luxury Club Scene Navigates Post-Pandemic Realities"

Section 1: Market Dynamics (2025 Update)1. Industry Overview:- Total valuation: ¥34.2 billion (8.7% YoY growth)- 798 licensed establishments (42% classified as premium)- Employment: 64,500 direct jobs (+12% since 2023)- Visitor mix: 54% domestic (