Chinese Consumers Are Still The Biggest Buyers Of Overseas Luxury Goods In 2014.

Here world Clothing and shoes The editor in chief of the network introduces the organization: Chinese consumers are still the biggest buyers of overseas luxury goods this year.

The duty-free industry has slowed down this year, but Chinese consumers are still the biggest buyers of overseas luxury goods. This is the information provided in the China tax exemption report issued by the wealth Research Institute of China Luxury Market Research Institute 3.

With the rapid development of global tourism, the global tourism retailing industry continued to expand rapidly in 2013, but tax-free shopping continued to grow at factory stores and high-end. Department store Under the pressure of competition, the growth rate began to slow down. According to the report, sales of the global duty-free industry in 2013 amounted to about 44 billion 600 million euros, with an average market growth rate of about 8%, representing a decrease of 15.3% over the 15.3% growth rate in 2012.

The report shows that from the perspective of consumption power, the average consumption per capita of Chinese consumers is 1508 euros, the world's number one, and 3-5 times the average per capita consumption of overseas citizens in many European and American countries. In 2013, the Chinese bought 47% of the world's luxury goods, about 102 billion dollars, but only 28 billion dollars of consumption remained in China, and China's luxury consumption outflows 73%.

The report predicts that in 2014, Chinese luxury consumption will be further shifted to overseas. Hong Kong and Macao (30%), Europe (22%), and the United States (21%) are the three most important areas for Chinese luxury purchases overseas. Among them, the United States increased 7 percentage points from last year, and Europe increased 6% over the same period last year. At the same time, the proportion of Chinese consumers buying luxury goods in the territory decreased by 2% compared with that in 2013, while Hong Kong and Macao decreased by 14%.

The wealth Quality Research Institute found that the proportion of Chinese consumers' duty-free shops in overseas shopping consumption dropped from 65% in 2013 to 62% in 2014, and showed a further downward trend. Factory experience consumption is becoming more and more favored by high-end consumers, and has gradually become a new tourism shopping item.

Tax exemption for China market Zhou Ting, President of the Institute of wealth and quality research, said that China's tax exempt market is unlikely to change in the short term. Hainan Islands tax exempt state will be further liberalized, but it will not be released to other cities and regions, that is, it will not release the duty-free shops in the city.