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With growing wealth and global influences, Chinese consumers are developing a taste for the finer things in life. In the following five episodes CCTV reporters will present you with the full picture of development of luxury goods in China´s market as well as the different attitude of Chinese people towards it.
With growing wealth and global influences, Chinese consumers are developing a taste for the finer things in life. In the first episode of our special series on luxury consumption in China, Haidi Lun looks at how the global luxury industry is tapping into Chinese spending power.
With rising consumption power, Chinese consumers are searching for a higher quality of living. Many are looking to luxury products for this fulfillment. In the second episode of our special series on China´s luxury market, CCTV reporter Zheng Junfeng tells us why this country´s emerging well-off, are spending so much on high-end products.
From super yachts to luxury sportscars, China´s nouveau riches are finding new ways to show off, and enjoy their blazing success. In the third part of our special series on luxury consumption in China, Haidi Lun takes a look at what China´s super-wealthy are splashing out on.
China´s luxury market is expanding at a record pace, and helping to power the global industry recovery. But it´s also become a contentious issue that´s dividing opinions.
China´s wealthy elite are proving to be an unstoppable consumer force, boosting the global luxury goods sector through the financial crisis. And there´s been one question on everyone´s lips - what will it take for a truly Chinese luxury brand to find success?