China has witnessed a huge boom of co-working spaces in recent years with hundreds of thousands of operators emerging. However, co-working is not happening only in China, but developing along with global trends. At the Co-working China Forum, Claire Stephens, Head of Workplace Strategy at global real estate services firm JLL, shared insight on China’s co-working boom.

Sharing Economy Is Changing People’s Concepts of “Ownership”
As the sharing economy takes root in China with increasing vigor, a growing number of Chinese customers are shifting to a collaborative consumption lifestyle. An iiMedia report shows that China’s total revenue from sharing economy is expected to reach 3.95 trillion RMB (roughly 633 billion USD) this year.

Co-working space is among the sectors that benefit most from this mindset change: from owning something to renting something.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.