Chinese Tourists' Luxury Consumption Continues To Be Strong, And Sino British Relations Are Accused Of Entering The Golden Age.

Hong Kong media said that Sino British relations were accused of entering the "golden age". The British media survey found that although China's economy is slowing down, China's luxury consumption accounts for more than the whole world.

The market is over 30%, and total consumption is expected to reach US $259 billion this year.

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On October 19th, China reported a wave of anti corruption and combating luxury consumption since 2012, coupled with the slowdown in the Chinese economy. The luxury market in the mainland has been hit hard and sales have dropped sharply.

Among them, a survey found that over the past year, more than seven Chinese tourists went to Britain to purchase at least one luxury item, and nearly two adults purchased luxury goods up to five or more.

Global Blue, another tax rebate company, said Chinese tourists increased global spending by about 73% and 65% in August and September respectively.

Analysis shows that Chinese tourists can enjoy foreign exchange rates, rebates and discounts not only for convenience of anonymous shopping, but also for overseas consumption.

According to the report, another analysis shows that the motivation of Chinese tourists to purchase luxury goods has also changed significantly, from the past to show off their wealth or to their superiors to "pull the relationship", which has now turned out to show personal taste or to help friends to buy on behalf of them.

In addition to the increasing consumption of luxury goods, more and more Chinese tourists tend to buy new brands instead of traditional luxury brands.

Take the clothing brand as an example. At present, besides Valentino,

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And other traditional brands that are popular with Chinese tourists, a survey found that Victoria Beckham, AlexanderMcQueen and other "rising stars" are also concerned by Chinese tourists.

The luxury consumption power of Chinese tourists continues to be strong. In the global slowdown in the sales of luxury goods industry, luxury goods businesses all over the world try their best to absorb these "gold masters". Among them, many large luxury goods companies in the United Kingdom form an alliance, and recently called on the British government to simplify the visas of Chinese tourists again to attract more Chinese tourists to spend in Britain.

It is reported that members of the alliance include the Walpole British Luxury, New West End Company, Global Blue, McArthurGlen Designer Outlets and London First.

The League hopes that the British government will further simplify the visa for Chinese tourists. The 10 year visa fee for Chinese tourists will be reduced from about 737 pounds (about 7225 yuan) to about 135 pounds (about 1324 yuan).

According to the report, another famous French department store in Paris, France, once hosted a tour of Chinese funded enterprises, while Messi general store, located on the main road of Las Vegas, has provided shopping packages for thousands of Chinese tour groups, so that Chinese tourists can make full use of their blood.