China’s youth are beginning to rethink the ‘Chinese Dream’ and are leaving the restrictive framework of traditional society behind. By mastering the internet, they’re creating social media personas that are bringing them fame and wealth which, in many cases, is happening overnight.
Trust in the Chinese government is at an all-time high, with major institutions getting massive financial incentives to invest in tech such as AI, comms, and computing. A growing sentiment of national pride is washing over the country at a time when countries in the West suffer a crisis of confidence.
Outbound travel from China is not only growing, but its nature is also changing. Those who’ve established themselves as jet-setters are demonstrating an appetite for unique adventures, while those who are just starting to journey abroad are setting new expectations for the tourism sector.
China is on the precipice of becoming the world’s first cashless society, with experts predicting it could be cash-free within the next few years. It’s effectively providing the rest of the world with a blueprint for how society can phase out hard currency and fully integrate tech into our daily lives.