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China’s Generation Z: the next generation of luxury?

China’s Generation Z: the next generation of luxury?

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According to a trend on social networks, it turns out that more than 60% of Chinese students think that their annual income will reach one million yuan within 10 years after graduation. This ambition among Generation Z has sparked the interest of some experts, who reveal some surprising figures.

 

On Weibo, a very popular Chinese social network, the hashtag evoking the large number of Chinese students who see themselves as millionaires in a few years, reached 530 million hits. A trend confirmed by the study of China Youth Daily, which revealed that 70% of the students born after 2000 will give priority to their professional career rather than their personal relationships. 68% of them believe that their salary will be more than 1 million yuan ($155,000) per year within 10 years after graduation.

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