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Behind China'S Money To Spend Overseas: Luxury Prices In The Mainland Are More Expensive Than 70%

2013/1/7 22:22:00 18

Overseas Consumption Of Chinese TouristsLuxury Goods In Mainland China Is 70%Luxury Goods In China.

< p align= "center" > img border= "0" alt= "" align= "center" src= "/uploadimages/201301/07/201301072220499265111.jpg" / "/p" > "/uploadimages/201301/07/201301072220499265111.jpg" / "/p" > "/uploadimages/201301/07/201301072220499265111.jpg" / "/p" > "no". "China spends money behind other countries": the price of luxury goods in the mainland is 70%, less than 85 billion yuan. "Washington Post" reported that overseas consumption of Chinese tourists reached 85 billion yuan (529 billion 600 million yuan) in 2012, which may have surpassed American and German tourists.

It is reported that this figure is two times the revenue of Mobil Oil Corp in 2012, and Mobil is the world's largest financial company in 2012.

Why is there such a situation that China spends money on other countries?

World clothing shoes and hat nets share with you a research paper by Zhang Haiying.

< /span > < /p > P > data show that in 2011, Chinese tourists spent nearly 300 billion yuan overseas.

In 2012, compared with 2011, the consumption volume of 529 billion 600 million yuan increased sharply.

Clearly, high growth will continue in 2013.

In the context of the global economic downturn and the impact of the European debt problem and the "fiscal cliff" of the United States, Chinese tourists have made significant contributions to the global economy and other countries' GDP by consuming overseas.

< /p > < p > making money in China and spending money in other countries has become the way of life for many Chinese rich people.

Although China's economic growth is slowing down, the economic structure is being adjusted. It is urgent for the rich to spend domestic consumption to stimulate domestic demand, but we must also respect the rich's right to consume overseas.

What we need to do is to think about why Chinese tourists are keen on overseas consumption and how to increase the magnetism of the domestic consumer market to attract the rich to consume.

< /p > < p > the reason why Chinese tourists are keen on overseas consumption is money.

It not only shows that the wealth of the rich grows faster, but also shows the widening income gap.

If the rich have no worries, they will naturally let go of their spending.

Of course, some people do not exclude public spending on overseas consumption.

This suggests that we should pay attention to where the rich people spend their money overseas.

"/p > < p > is the seduction of the overseas consumer market.

On the one hand, the overseas consumption cost is much lower than that of the domestic market, especially the luxury price that accords with the consumption psychology of the rich. Data show that the average price of luxury goods in mainland China is 70% higher than that in France, 50% higher than that in the United States, and 45% higher than that in Hongkong.

The reason for the high prices in the mainland is that import and export duties, value-added tax and excise taxes are too high.

It is said that the three taxes and fees will add up to a maximum of 60%.

On the other hand, the quality assurance of some products in overseas consumer markets is better than that in the mainland of China.

This suggests that we should pay attention to the domestic consumption environment.

< /p > < p > moreover, some industries regulate the rich to "consume" overseas.

For example, by the regulation and control of the domestic property market restriction, in 2011, Chinese people spent more than 7 billion dollars on the purchase of houses in the United States.

2012 is clearly higher than this figure.

It has been reported that in recent years, Chinese citizens frequently carry huge amounts of cash to buy cars in the United States, Canada and other countries.

Overseas media interpreted to pfer wealth.

If it is the pfer of wealth, it is related to the wealth of the rich.

< /p > < p > If our property market regulation can be classified and regulated, for example, liberalization of the purchase of high-grade projects may leave the wealth of the rich at home and stimulate domestic demand.

If we really expand domestic investment channels, or restrict wealth pfer to overseas through law and taxation, we may also retain the wealth of the rich.

In short, making money in China and spending money in other countries is the pain of China's economy, which means that domestic wealth is continuously losing.

< /p > < p > a white paper shows that China's high net worth population (with more than 10 million yuan of investment assets) has reached 1/3 of overseas assets. We can no longer watch the loss of domestic wealth and do nothing.

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