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Six trends in China’s luxury market in 2014

(chinadaily.com.cn) Updated: 2015-01-26 08:06

4 More overseas purchases through online stores

More consumers are choosing to purchase luxurious goods overseas through online shops because of the various choices and lower prices. More professional online shops and agencies are emergesing fast to tap into this fast-growing market with high demand. As the study estimated, the market size of procurement service will reach 55 to 75 billion yuan in 2014.

Six trends in China’s luxury market in 2014

Luxury goods on display during Top Marques Shanghai 2013 in Shanghai on Oct 26, 2013.[Photo/IC] 

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