This article by OPP Connect editor Adrian Bishop is reposted with permission from OPP Connect.
A major Chinese overseas property and immigration show is expected to attract record numbers of foreign exhibitors, says the organizer.
Shanghai, China image via Shutterstock.
The 7th Shanghai Overseas Property & Immigration & Investment Exhibition (OPI) is being held in the Shanghai Everbright Convention & Exhibition Center (SECEC) from Sept. 5-7 and comes as debate rages in China over the true extent of outward migration.
The show is expected to involve more than 160 overseas exhibitors from more than 40 countries, including the United States, Canada, Australia , Britain, Malaysia, Korea, Singapore, Spain, Portugal, Cyprus, France and St. Kitts, and attract more than 30,000 visitors, says organizer Shanghai Formote Exhibition Service Co Ltd.
“The Chinese market for overseas properties grabs attention from all over the world. Following the industry trend, OPI is one of the most famous and influential real estate shows in China and has been held successfully six times since 2011 with the number of exhibitors continuing to grow.”
Almost half of exhibitors are expected to come from Europe and a quarter from North America, with 10 percent from Australia, 7 percent from elsewhere in Asia and 1 percent from Africa. Around 10 percent are from China.
The sixth OPI show, which was held in June, included United States and European exhibition pavilions for the first time.
As well as promoting property, the event highlights immigration and financial services and overseas educational opportunities.
“In the past decade, undoubtedly, the number of elites and millionaires from all walks of life in mainland China planning to [emigrate] to other countries for permanent residence or citizenship through skilled migration or business migration is continually on the increase,” Shanghai Formote Exhibition Service says.
Chinese experts are rebutting Internet reports claiming that 9.3 million people emigrated from China in 2013, the Global Post reports.
Gao Wenshu, a researcher with the Chinese Academy of Social Sciences (CASS), says the figure is actually the total up to 2013, whereas the total for the year was 190,000.
Wu Jiang, vice chairman of the China Talent Research Society, says the confusion has been spread by the wealthy who plan to emigrate and are making pessimistic judgments about the country’s economic prospects.
According to a Chinese report from the Center for China and Globalization (CCG) in May, the number of Chinese overseas emigrants have been rising steadily in recent years. Other studies have claimed that up to 85 percent of the rich are considering leaving the country.
The OPPLive China business-to-business overseas property trade show is being held in October in Beijing.
The event at the China World Hotel, to be held Oct. 23-24, features a comprehensive global property exhibition, a packed program of seminars from key overseas property industry speakers from around the world, and numerous networking opportunities.
For more details go to: http://www.opp-connect.com/opplive-china.