Britain eyes China's rising luxury market  

中英学术机构共同研究中国奢侈品市场

英国利兹大学商务孔子学院与中国对外经济贸易大学奢侈品研究中心共同举办的“中国奢侈品市场学术研讨会”，近日在利兹举行。对外经济贸易大学副校长赵忠秀率领的奢侈品研究团队，就中国奢侈品市场的特点和中英合作机遇等问题发表演讲。 英国驻广州总领事Alastair Morgan 应邀出席并发表主题演讲。[查看全文]

London (ECNS) -- A forum aimed at exchange and cooperation between a Chinese luxury research team and British luxury firms was held in Leeds, a city in West Yorkshire, England, on Thursday.

More than 70 British enterprises and lawyers participated in the forum held by the Leeds International Business Confucius Institute (LIBCI) and Beijing's University of International Business and Economics (UIBE).

Alastair Morgan, the British consul-general in Guangzhou, who was invited to the forum, said the rise of the high-net-worth consumer in China has been a boon for luxury firms in Britain.

Zhao Zhongxiu, vice president of UIBE, delivered a speech at the forum, summarizing the characteristics and points for economic growth and changes in China's luxury market. He also suggested cooperation between China and Britain.

Fu Yu, from UIBE, said second- and third-tier cities have huge potential in luxury consumption and offer opportunities for British luxury manufacturers.

Zeng Mingyue, also from UIBE, said Chinese consumers whose monthly salaries are above 3,000 pounds ($4,500) are mature at luxury consumption, while those who have lower incomes are immature at both consumption mind-set and behavior.