What is the reason why China is the only country with positive growth in the global luxury market?

Our country is not afraid of the new crown epidemic.

The defense measures were done properly, the spread of the virus was stopped in time, the life of the whole society quickly returned to normal, and there was enough money in hand to buy luxury goods, which caused the phenomenon of positive market growth.

Because at present, China's economic development is leading the world, and the new crown epidemic abroad is serious, and people have no time to take care of luxury goods, which shows that the purchasing power of Chinese is strong and people's living standards are high.

The main reason is that China's epidemic prevention work has been done well, the people's living standards have improved, and China's population is large and consumption has increased.

China is the only luxury market in the world. Because China's development is very fast and its economic strength is very strong. It is located in a developing country.

Due to the impact of the epidemic, China has become the safest place, and people's incomes have grown steadily, making it the only country in the world with positive growth in luxury goods.

The large number of Chinese, the impact of the epidemic, the global economic crisis, and China is one of the countries that have avoided the epidemic crisis.

Because the gap between the rich and the poor in China is widening.

Because China is about to celebrate the Chinese New Year, and the measures to prevent and control the epidemic are relatively effective, the economic recovery is also relatively good.

China's economy is not bad, people's income and spending power are very strong, even in special periods, it has not decreased.

It shows that there are many Chinese who have spare money now.

2. Changes in consumer consumption concepts: Consumers' cognition and consumption concepts of luxury goods have changed, and more and more consumers think that buying luxury goods is a consumption investment, rather than a waste.

3. Brand promotion: Luxury brands are promoted through various channels, which improves consumers' awareness of luxury goods, thereby increasing the sales of luxury goods.

4. Online shopping: The development of online shopping has made it easy for consumers to buy luxury goods, thereby increasing the sales of luxury goods.

Due to the economic boom since the 90s of the 20th century, China's middle class has been expanding, and this group is the main force of luxury consumption. At the same time, with the development of social economy, the concept of consumption has changed greatly, consumers are more inclined to pursue quality life, pay more attention to the brand, quality and design sensibility of goods, rather than just looking at the first. In addition, we will vigorously promote the "going out" policy and promote China's traditional culture and products with Chinese characteristics, so that the world has a wider understanding and recognition of Chinese brands, thereby promoting the development of Chinese brands in the world market.

One of the reasons for the upward trend in the Chinese market is the dynamic of the rising sales in the Chinese market and the significant improvement of market competitiveness, which has provided more luxury goods for the Chinese market. This is due to the continuous growth of demand in the Chinese market and the significant increase in market competitiveness, which has accelerated the loss of luxury exports.

Hello dear, glad to help you answer! China's luxury and frank rock market is relatively large, and the market in this sentence refers to the market size. The size of the consumer group is large, even if only 2% of the population can afford to consume, according to the population base of 1.4 billion, the target population will reach 28 million people, which is equivalent to the sum of the target groups of several small countries.

1。China's total GDP in 2009 ranked third in the world, indicating that China's economy is developing rapidly and luxury consumer goods are increasing rapidly in China.

2。China's per capita GDP is not high, indicating that it is not rich overall. The Gini coefficient in our country has reached the problem, indicating that there is a problem of unfair distribution, and those who get rich first can buy luxury consumer goods.

3。The first rich people buy luxury consumer goods to show off, which is an unhealthy comparison psychology.

Only those who understand this question know that it is from the homework book, right?

is already rich, and China strictly implements the economic policy of letting some people get rich first. If you are rich, you are only a part of the people. So your view that you are not rich is wrong.

Unrich: Maybe you're referring to wealth per capita.

The widening gap between the rich and the poor is an important reason, and wealth and power are concentrated in the hands of people associated with the imperial court. Because China has been a government and businessman from the beginning to the present, and they must have something to do with the best in order to become bigger and stronger smoothly.

Not for economic reasons, but for the wealth distribution system. It is the reason why power and wealth are only intertwined. It is the reason for the bureaucracy of feudal society.

Personally, I think that it is still the system of feudal society, but it has changed a group of vested interests. Changed from a surname to a political party. 】

Foreign media said that luxury goods companies have a new golden rule - sell to Chinese, but not in China. According to a new report released by HSBC, Chinese now account for nearly 1 3 of global luxury consumption, but about 2 3 of that consumption occurs abroad.

According to the U.S. consumer news and business channel Feb. 3, the report, "Shoppers Around the World," said that Chinese tourists will be the biggest force driving the growth of the luxury industry in the coming years. Their consumption will gradually move out of Hong Kong and Macau to Europe, Australia and the United States.

Europe is expected to be the biggest beneficiary this year, due to the depreciation of the euro and the lower cost of shopping travel in Europe. According to the report, Chinese tourists now account for 40% of total luxury sales in France, 35% in Italy and 25% in the UK. According to the report, Chinese tourists in Paris spend 80% of their spending budget on shopping, which is about 10,000 euros (about 10,000 yuan).

In the U.S., Chinese tourists account for only 10 percent of spending, but that number is expected to grow, the report added. By 2021, the number of Chinese tourists to the United States will quadruple, and "the luxury industry should benefit enormously," the report said.

China's anti-corruption crackdown and slowing economic growth have affected domestic sales of high-end goods, including watches, handbags, wine and sports cars. Luxury goods giant Louis Vuitton has just announced that it has been adversely affected by the continued downturn in the Chinese market.

Instead of opening more stores in China, luxury companies should better cater to Chinese shopping abroad — improving service, hiring attentive staff and, at least in France, adjusting opening hours, HSBC said.

First, it is worth mentioning that Chinese consumers have become the most important consumer group in the luxury industry, and Chinese consumers have undoubtedly become the most important consumer group in the luxury industry, especially because of the rising demand for overseas travel and duty-free shopping in recent years.

According to Bain & Company's survey statistics, China's luxury market (referring to the scale of transactions in the mainland, excluding Hong Kong and Macau) grew rapidly from 140.3 billion yuan in 2008 to 266 billion yuan in 2011. In 2009, when the global market fell by 8%, the Chinese market still maintained a growth rate of 12%, and the growth in the next two years was around 30%. In 2012, Chinese consumers have become the world's largest luxury consumer group, accounting for 25% of the world's Chinese luxury spending.

According to McKinsey, by 2025, Chinese will spend 50% of the total global luxury goods consumption in the overseas and domestic luxury markets.

Would you be stupid enough to buy something that is not practical?