Almost everyone has a smartphone now, but not everyone can afford it.
China has strengthened consumer lending regulations to prevent loans intended to finance consumption, such as education, traveling and home renovations, from being invested in housing and stocks.
Matthew Allison believes that by creating a "third place" that can combine fitness and entertainment, millennials, or the younger generation, would be able to lead healthier, positive and socially vibrant lives.
Unlike many foreigners who prefer living and working in China's top-tier cities so they could be closer to businesses, art shows and global food options, Dan Siekman, from the United States, chose Kunming, Yunnan province, Southwest China.
When a typical Chinese customer walks into Martin Papp's store - it has well-arranged, colorful canisters covering the walls, and glass jars filled with unknown herb blends in the middle - he might wonder whether the store really sells a commodity with thousands of years of history in China: tea.
Many may mistake him for a gym coach given his huge frame and a big-size gym bag he carries, but Jim Fields, 30, is the founder of a digital content provider Relay Video.
Sam Waldo, co-founder of three-year-old eyewear brand Mantra, said he sees great potential in the Chinese market as more people have grown interest in products with fashionable design and unique social value.
Norwegian Lars Traaholt Vagnes, 24, has been busy of late organizing a music competition that tries to unearth the best original music creator around the world. His aim is to popularize his team's music platform Nusic, an AI-enabled virtual DJ platform, through the competition.
Felix Wendlandt believes some great qualities or traits distinguish foreigners who own businesses in China: "resilience" and an ability to adapt quickly to a fast-changing market environment.
Tired of Silicon Valley life in 2012, Song Shiwei, then 24, gave up his high-paying job. He bought a one-way ticket to China, his motherland and place of birth, of which he had few memories, but knew for sure it was his destination to start an entrepreneurial adventure.
It only took four years for 29-year-old Noriko Shinohara, a Japanese national, to establish a restaurant chain with three outlets under two brands in central Beijing. She and her Irish boyfriend are now decorating a new Japanese Izakaya (restaurant) for launch this April.
Italian businessman Bruno Ferrari, 37, never thought he would like doing business so much in China, where he started from scratch and established four successful companies that provide culinary consulting, sell imported food, and help manage private kitchens.
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