China's emerging business park sector offers robust demand fundamentals. Strengthening occupiers' demand for high-quality business park space in China is being underpinned by the expansion of research and development (R&D) activities of hi-tech and pharmaceuticals firms seeking high-specification space, by the rapid growth in business process outsourcing (BPO) industry, and by large multinationals' need for campus-style space outside higher-cost CBD locations.

Demand is being further boosted by the government's strategy of moving the Chinese economy up the value chain and its policy of mapping out R&D and BPO clusters across the country.