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Chinese Overseas Shopping Is China'S Largest Share Of Luxury Consumption In The World.

2012/9/11 16:34:00 20

Luxury GoodsValue-Added TaxChina

 

Recently, survey data showed that in 2011

China

The purchase of high-end goods by overseas travelers cost RMB nearly 300 billion yuan.

When domestic consumption is sluggish, 300 billion yuan is not a decimal fraction. Maybe this money can play a leveraging role in domestic consumption and leveraging trillions of economic needs. Why do Chinese people rush to buy high-grade goods abroad?


Low price is the most important reason.

Value added tax

The cheap goods originally made abroad are luxury goods in China, and the average people can not afford to buy them. But why do people who travel abroad often buy things that can be bought at a low price abroad at home? This causes the demand for high-end consumer goods released by Chinese residents to the foreign market.


According to the world

Luxury goods

According to the latest ten year official report released by the association in January 11, 2012, as of the end of December 2011, the total annual consumption of China's luxury goods market has reached US $12 billion 600 million (excluding private aircraft, yachts and luxury cars), accounting for 28% of the world's total share. China has become the world's largest consumer of luxury goods.


Now that we have become the largest consumer of luxury goods, how to find a better channel for these consumer needs and promote domestic economic development should rise to the policy level.

The key to keeping the rich's overseas luxury spending in China is to narrow the spread.


Some analysts believe that domestic products contain more taxes than any developed country: 4.17 times the United States, 3.76 times that of Japan, and 2.33 times the 15 countries of the European Union.

And ordinary commodities have such high taxes, not to mention luxury goods.

An important reason for the outward movement of luxury goods is that foreign consumer goods are cheaper than domestic consumer goods. Secondly, there are plenty of sources of goods to choose from.

In addition, the quality is better, and there are signs of origin, and consumers are relieved.

Buying luxury goods abroad is in line with the laws of market economy.


It can be seen that in order to change the consumption situation of luxuries consumption and keep the consumption of tens of billions of dollars a year in China, we must start with lowering the price of domestic luxury goods, creating a better investment environment and operating environment, especially in reducing the price of luxury goods.


300 billion yuan has to be said to be a huge sum of figures. In the case of the urgent need to stimulate and stimulate the national economy, this account can be very important. At present, this consumption is contributing to the growth of foreign economy and GDP, and how to guide this flood to promote domestic economic development can not arouse our attention.

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