The rapid growth of the Mainland market, Tong Kai Lap
Chinese Academy of Social Sciences in a report earlier this year, luxury goods consumption in China last year totaled $ 9,400,000,000, the total share of 27.5% for the first time overtaken the U.S. as the second largest consumer in the world of species luxury after Japan. Report is expected by 2015, the Chinese luxury goods market will occupy the top global luxury expenditure, reaching 14.6 billion U.S. dollars.
Moreover, Hoogewerf Wealth Report 2010 shows that China has 975,000 millionaires, up by 6.1%, was living a millionaire 151 000 Beijing, is the largest city of the wealthy families, and millionaires.
The rapid growth of the Mainland market, Tong Kai Lap, said: “Reform and opening up so many years, some people get rich first up, and accumulated some wealth, Dan China employed previously used only« Shijiegongchang »Lai Kan, no one noticed the strong demand for Ta. ”
He said: “Many wealthy people in China avoid a global financial crisis, thanks to the yuan is not freely convertible currency. The financial tsunami, Chinese as a refuge, which is very useful for wealthy Chinese. ”
A well-known global luxury goods industry has experienced peers Tong Kai Lap, said that the growth rate of the luxury market in the mainland surprise, compared with the Japanese trend of more moderate, but it is difficult to enter Indian market.
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