Companies like Airbnb and Uber, with their multi-billion dollar evaluations, are probably the most well-known success stories of how businesses are profiting from the young generation’s willingness to partake in the sharing economy. More than ever the sharing phenomenon is now becoming popular among China’s millennial generation. CCTVNEWS went beyond the well-known companies and industries involved with the new business sector, to visit a youth community in Beijing that has given access to products and services to over 5,000 entrepreneurs in many of China’s first and second tier cities.
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