According to reports, CLSA, a securities brokerage firm, recently released a research report that wealthy Chinese continue to spend 1/4 of their family budget on luxury goods. Chinese consumption this year Gucci and Prada It accounts for 1/3 of global sales.

The report notes that about 30% of luxury consumption occurs in consumer travel. In this year's luxury sales in France, Chinese consumption accounts for 40%.

　　 CLSA securities "In fact, Asians have very strong purchasing power," said Amar Jill, chief research officer of Asia. "80% of the Asians mentioned here are Chinese. 20 years ago, the Japanese were the main buyers of luxury goods in Asia, and now they are Chinese.

CLSA forecasts that as of 2015, the accumulated wealth of China's high net worth (higher net assets) will increase from $2 trillion and 627 billion in 2010 to $8 trillion and 764 billion, with a compound annual growth rate of 27%.

According to the latest survey data from the relevant agencies, China's high net worth population now reaches 2 million 700 thousand, of which the total number of people is the largest and the number of people with high net worth is about 460 thousand.

Yu Yale, director of the consumer and gaming industry research division of CLSA Asia, said that by 2015, 1 billion of the Chinese mainland and Indians will become middle class, and their demand for luxury goods will increase. About 50% of the global luxury market is coming from emerging markets and is expected to expand to 73% by 2020.

The income of the middle class in China has not been greatly reduced, and the consumption pattern structure of the middle class has not changed. Chinese consumers are still spending a lot of money on watches, luxury bags, jewellery and expensive clothes. "Rich people will not slow down in spending money." CLSA analyst Aaron Fisher said.

In addition, the study of Bain and luxury luxury industry association predicts that the sales of luxury goods in China will grow by 18% to 22% in 2012, and sales will reach 19 billion 600 million to 21 billion US dollars. Despite the signs of "maturity" in the Chinese market, China is still the main force in the growth of the luxury goods industry.