Chinese are the largest consumers of luxury goods

The Chinese are the largest consumers of goods in the world luxury front of Americans, accounting for 25 percent. The Chinese bought luxury goods worth 53 billion euros.

The Chinese are the largest consumers of goods in the world luxury front of Americans, accounting for 25 percent of total world consumption of luxury goods.

The Chinese in 2012 .luxury bought goods worth 53 billion euros, while the market these goods in total revenues this year of 212 billion euros.

The Chinese luxury two-thirds, or 63 percent of goods in 2012. continental bought out part of their homeland, and the other in Taiwan and Hong Kong and Macao, and the percentage continues to grow, according to a report by "Ben and company."

That percentage was in 2009. was 56 percent in 2010. the figure rose to 59 percent in 2011. to 60 percent.
At the same time, in the continental part of the People's Republic of China's consumption of luxury goods this year increased by only seven percent.
This trend is partly explained primarily growth in the number of tourists from the People's Republic of China throughout the world.
So the French 2009th visited by 600,000 citizens of the People's Republic of China, and the 2011th even 1.1 million.
"We should not forget that the reason for buying Chinese citizens abroad and additional taxation of luxury goods in China, where the price is 30 to 40 percent. Because Chinese people are waiting to go to Europe and buy the lower cost of luxury goods," the director said, "Ben and the company, "Joel de Montgolfije.
China market 2012th sold luxury goods worth 23 billion euros, well below the 59 billion euros earned in the territory of the United States.
Consumption of luxury goods in Japan this year amounted to 19.7 billion euros, 18.2 billion, Italy, France 15.1 billion.
"A taste of Chinese customers are becoming more refined, so that 65 luxury consumer goods from Beijing and Shanghai shows a tendency of buying products with less prominent markings brands," said Director of De Mongolfije.
Chinese women are increasingly seeking cosmetic products, while their compatriots shows highest affinity for clocks, carried the Canadian broadcasters.
The research firm Boston Consulting Group (BCG) recently showed that in the People's Republic of China, 20 percent of the population by 2020. be wealthy enough to be able to be called "rich".
It is believed that up to 280 million people, then do the wealthy class in the People's Republic of China, and their purchasing power will amount to 3.1 billion dollars a year, or five percent of global consumption, said BCG.
BCG ranks as the rich people whose annual disposable income per household is 20,000 to one million dollars.
Initial figure of $ 20,000, adjusted to take into account differences in purchasing power, equal to the annual disposable income of $ 38,000 in the most developed markets.
By 2020, the consumption of the "rich" in the People's Republic of China will be almost equal to Japan's total consumption in a given year, 128 percent higher than in Germany and three times higher than in the South Korean consumer, said BCG.

GDP
Average total domestic product (GDP) per capita in the People's Republic of China in 2011. reached 5432 U.S. dollars, far more than 1135 U.S. dollars in 2002.