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China Has Become The World'S Strongest Purchasing Power For Luxury Goods.

2012/1/26 23:49:00 21

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Luxury goods

The association and the China Council for the promotion of trade (CCPIT) sponsored the ten year "official publication of the 100 global luxury brands" held in Beijing in January 11th. In the "Oscar awards ceremony", known as the luxury industry, more than 100 luxury brands in the world were re arranged.

According to the latest ten year official report released by the World Luxury Association in January 11, 2012, China's luxury market year ended by the end of December 2011.

Total consumption

It has reached US $12 billion 600 million (excluding private aircraft, yachts and luxury cars).

28%, China has become the world's largest consumer of luxury goods.

Ten years after China's entry into WTO, the development of luxury consumer market is huge.

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Global attention.

With the current appreciation of the renminbi and the depreciation of the euro, the purchasing power of Chinese consumers in the international market has increased.

The World Luxury Association predicts that from the start of Christmas to the 2012 Spring Festival in China, the total consumption of Chinese luxury goods abroad is expected to reach US $5 billion 700 million, a record high. The Chinese will consume huge quantities of foreign power to make China the world's most purchasing luxury consumer country.

In the past ten years since China's entry into WTO, luxury brands in the world have gone through another glorious period in China. In the Chinese consumer's memory, from the once "Pierre Cardan" to today's "Louis Weedon", the luxury brands of all kinds come on the stage of history one after another, and have passed one after another luxurious era.

It is understood that the World Luxury Association conducts a global comprehensive evaluation based on the influence, market share and consumer feedback of each luxury brand in three countries, and entrust the media survey and consumer data feedback as the basis.

Inviting diplomatic envoys from various countries and other media to attend the official release of the grand ceremony, focusing on the luxury brands of various countries with large influence, high occupancy and good consumer feedback, and selecting 100 most valuable luxury brands today, including the world's top 10 industries, including private aircraft, luxury yachts, super luxury cars, top jewellery, world watches, fashion brands, spirits and wine, cosmetics and fragrances, private custom making, resort hotels, etc.