The report said apart from traditional first-tier cities such as Beijing, Shanghai and Guangzhou, Airbnb is becoming more popular among millennials from Chongqing, Xi'an and Chengdu.
The report recommends the diversification of available product range by including non-leveraged and "hold to maturity" type products on the exchange platform.
The rent is high in the area-50,000 yuan (,260) per square meter annually, according to the owner of a nearby restaurant that serves meat and vegetables stewed on sticks in a hot and spicy soup, a popular street food in Beijing.
The report noted that the mobile game market saw a visible surge in Q1, with the revenue swelling 46.25 percent year on year to 55.37 billion yuan.
The report also said that all of developing Asia's subregions will see growth weaken this year because of weak global demand, and in some economies because of domestic outbreaks and containment policies.
The report came amid this week's big stock market selloff and just five days before an election that President Donald Trump has attempted to position as a referendum on his overseeing the economy rather his handling of the COVID-19 crisis.
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The report showed that more of the migrant population has shifted from the primary industry to the service sector since 1978.
The remarks were made in response to accusations of "interference" leveled at the office and the central government's Liaison Office in the SAR, after the two agencies overseeing Hong Kong commented on the six-month deadlock in the city's legislature.
The report also shows that the risk management is not yet mature, as most of cybersecurity teams of Chinese companies are still at the "passive risk response" stage.
The report also notes several challenges faced by Chinese sellers even as they make headway in the global market, namely a lack of brand-building investment and limited brand awareness among targeted segments of clients.