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Chinese demographics are changing. The millennial generation, 400 million people in all, accounts for nearly 30 percent of the country's population. The cohort are known to have high mobility and are more willing to move to cities for work. That has pushed up demand for rented accommodation.
Chinese companies are gaining momentum
Chinese and foreign exhibitors have shown enthusiasm for the four-day event. More than 2,700 firms, including a number of Fortune 500 companies, will showcase their products at the event, up 2.6 percent from the previous event.
Chinese internet giant Tencent also saw its Game for Peace (.2 billion) and co-published League of Legends (.5 billion) among the top 10 list.
Chinese consumers' demand for high-quality British products remains strong. Global research by Barclays Corporate Banking found that consumers in emerging markets such as China and India perceive British products to be more reliable and of higher quality than rival suppliers.
