The Potential of Chinese Luxury Markets: 14 Brilliant Of Dollars
The Potential of Chinese Luxury Markets: 14 Brilliant Of Dollars
According to the prediction of the world luxury institute, Chinese luxury markets will reach the top of the world luxury consumption volume after 5 years. And from the present data we can guess that every year there will be at least 14 brilliant dollars of luxury volume will occur in Chinese market.
According to the newest research of Chinese consumption market by world luxury institute, it shows that the luxury consumption volumes in Zhejiang, Jiangsu, and Shanghai are 11.7%, 10.4%, 9.8% of the whole luxury consumption volume in china, as the first, the third and the fifth. In a word, 30% of the luxuries are coming from Chu Chiang Delta. And according to the 14 brilliant dollars of sale volume prediction, this Chu Chiang Delta will even reach 4.2brilliant dollars.
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