Their growing demand for a better life and high-quality goods will create new business opportunities.
Ben Wood, founder of Studio Shanghai Architectural Firm, who has spent 22 years in China, said bringing popular culture to China through the rapid rise of the middle class is among others behind his business success.
Gong Yu, founder and CEO of China's leading online entertainment platform iQiyi, said his company delivers content to 200 to 300 million users daily, a remarkable achievement made in a span of only nine years thanks to the broader picture of China's rapid development. He is confident that there will be more Chinese culture and entertainment production going global since more Chinese young people are willing to be dedicated in the industry.
Now China is home to the world's biggest middle-income group comprised of some 400 million people, and the number is still on the rise. The country is evolving from the world's workshop to becoming a major consumer of goods and services instead.
【国内英语资讯:Chinas booming middle class creates opportunities for culture, entertainment industry: bus】相关文章:
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