日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Industries

China enters new luxury market era

By Karl Wilson in Sydney (China Daily) Updated: 2014-05-12 08:12

If you want to get some idea just how important China has become as a luxury consumer market you don't have to go further than the recent Beijing auto show.

What started out as a low-key event in 1990 has grown into the biggest and most important stage for the world's auto makers, especially those at the luxury end where models are tailored to China's affluent.

Wander the streets of Beijing and Shanghai and you are sure to see BMWs, Mercedes-Benzes, Porsches, and Ferraris - just about any top-end auto brand that comes to mind.

China enters new luxury market era
A man outside a Prada luxury store in Chengdu, Sichuan province. The explosive growth of China's emerging middle class has brought sweeping economic change. AFP

By 2020, China is expected to be the world's biggest luxury auto market, according to Dan Ammann, president of United States auto giant General Motors, who shares this view with many of his competitors in North America and Europe.

The explosive growth of China's emerging middle class has brought with it sweeping economic change and social transformation and will continue to do so, says global consulting firm McKinsey & Co. By 2022, more than 75 percent of China's urban consumers will be earning 60,000 yuan ($9,600) a year.

McKinsey says that in terms of purchasing power, that is between the average income of Brazil and Italy.

In 2000, just 4 percent of urban Chinese households were within that range.

Analysts say the middle class and upper middle class will be the principal engines of consumer spending in the decade ahead.

More than a third of the money spent around the world on high-end bags, shoes, watches, jewelry and ready-to-wear clothing now comes from Chinese consumers either domestically or abroad when they travel.

Within the next year, Chinese tourists could be spending as much as $194 billion annually in Europe, the US, Asia and other vacation spots, according to Morgan Stanley in a research note on luxury companies.

Chinese travelers are already the world's biggest spenders, according to the United Nations World Tourism Organization.

The UN group says that by next year the number of Chinese travelling abroad will exceed 100 million, although some analysts say that may happen this year.

Earlier this year, The Economist said: "How much China spends is striking. Even more so is the way it spends".

China enters new luxury market era China enters new luxury market era
Luxury cars make Asia premiere at Auto China

Top 10 brands that win rich women's hearts

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 欧美精品久久久久久久久46p | 国产3级在线观看 | 久久国产精品久久 | 亚洲午夜在线播放 | 欧美日韩黄色片 | 中文字幕二区 | 亚洲成av人片在线观看无 | 欧美激情在线观看视频 | 一区视频在线播放 | 国产又色又爽又黄的 | 看黄色一级视频 | 成人久久影院 | 欧美videos另类精品 | 国产日本精品视频 | 肉色超薄丝袜脚交69xx图片 | 黄色大片a级 | 日韩精品1| 国产精品久久久免费观看 | 日韩欧美高清在线 | a成人在线| 欧美aaaaaa| 午夜丁香婷婷 | 亚洲影视中文字幕 | 成人午夜网 | 日本一区二区三区精品视频 | 狼窝色中色 | 日日舔夜夜摸 | 美女视频一区 | 日韩视频在线免费观看 | 国产91精品久久久久 | 久久综合狠狠综合久久综合88 | 激情宗合 | 亚洲欧美日韩另类 | 欧美国产第一页 | 91精品99| 久久精品9 | 日韩综合在线视频 | 亚洲第三十七页 | 欧美肥老妇| 国产黑丝91 | 成人在线观看www |