China Is Expected To Become The Largest Consumer Of Luxury Goods In 2015, According To The Report Of The China Council For The Promotion Of Trade.

< p > China International Trade Promotion Committee released a report in Beijing on 14 th. It is estimated that by 2015, China's mainland a href= "http://www.91se91.com/news/index_s.asp" > luxury goods < /a > consumer market sales reached US $100 billion, accounting for more than Japan's share of the global luxury market, becoming the largest consumer of luxury goods. < /p >
< p > reported that China has become the world's second largest consumer of luxury goods since 2008. Among them, in the 2008 financial crisis, China's market grew negatively, spending 8 billion 600 million US dollars, accounting for 25% of the world's total. In 2009, China's luxury consumption reached 9 billion 600 million US dollars, accounting for 27.5% of the world's total, and reached 10 billion 700 million US dollars in 2010. < /p >
< p > according to statistics, Chinese luxury goods consumption accounts for 57% of outbound purchases, and New York, Paris, Tokyo and Rome are popular consumption places. Overseas purchasing accounts for 23%, including beauty cosmetics, < a target= "_blank" href= "http://www.91se91.com/" > dress < /a > a target= "_blank" href= "http://www.91se91.com/" > shoes > _blank > Jewelry, watches and so on. In addition, 20% of the luxury consumption is in domestic stores. < /p >
< p > the report says that China has imposed a high tariff on luxury a href= "http://www.91se91.com/news/index_h.asp" > brand name "/a" watches, famous brand perfume, high-end cosmetics, bags and other luxury goods, and added special consumption tax, resulting in huge difference between luxury goods at home and abroad, and many consumers choose to buy abroad or buy on behalf of them. It is proposed to adjust the structure of luxury goods tariffs, lower the tariffs on medium and low grade luxury goods, and appropriately reduce the tariffs and excise taxes on high-grade luxury goods, which do not have high capacity but have high demand, and change the situation that large quantities of consumption flow to overseas. < /p >