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The Luxury Consumer Price Index
The Luxury Consumer Price Index
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The Luxury Consumer Price Index was up 1.52 percent in 2012, the smallest gain in seven years. Among nine major categories including luxury property, vehicles, watches and jewels, tobacco and alcohol, education and tourism, prices of high-end tobacco and alcohol slumped the most in 2012, falling by 1.85 percent after having risen 7.84 percent in 2011.
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  • By Li Fusheng(China Daily)2017-11-27 10:31

    The new Continental GT is set to redefine luxury grand touring by combining spirited, focused performance with handcrafted luxury and cutting-edge technology.[Photo provided to China Daily]Bentley Motors has wowed fans with the China debut of its all-new Continental GT at the recently concluded Guan...

  • By Hao Yan(China Daily)2017-11-20 07:50

    Leading high-end brands achieved their best performance yet in the Chinese market last month, soaring beyond the targets they set at the beginning of this year, despite the overall slowing growth of the passenger car segment. BMW Group beat an internal sales record this year in China, after achievin...

  • By Zhang Jie(chinadaily.com.cn)2017-11-18 10:10

    Li Rixue, Secoo's founder and CEO, speaks at a news conference held in Beijing, Nov 16, 2017. [Photo provided to chinadaily.com.cn] Secoo wants to be a conduit to help more Chinese brands to go abroad, said Li Rixue, founder and CEO of the firm.After nine years of development, the firm has gained...

  • By Hao Yan(China Daily)2017-10-23 08:40

    Visitors examine the newly-unveiled Polestar 1 high-performance coupe in Shanghai. [Photo by Hao Yan/China Daily]The world's biggest market is embracing the first Chinamade high-performance electric coupe, which offers features with almost all the buzz words-internet subscription, shared on-demand...

  • (China Daily)2017-10-19 07:13

    Govt and policies Central bank continues net cash injection China's central bank on Wednesday continued to pump money into the interbank market via reverse repos to ensure stable liquidity. The People's Bank of China conducted 160 billion yuan ($24 billion) of seven-day reverse repos with an interes...

  • By Cao Yin(China Daily)2017-10-17 07:35

    Further refinement of effort expected at upcoming CPC National Congress During the eight-day National Day holiday this month, a onetime imperial garden in downtown Beijing's Beihai Park received numerous visitors from home and abroad. "I've been to the park many times before, but it's my first time ...

  • (Xinhua)2017-09-23 11:33

    NEW YORK - Chinese luxury e-commerce company Secoo Holding Limited on Friday rang the Nasdaq Stock Market opening bell in celebration of its Initial Public Offerings (IPO). Secoo's IPO of 8,500,000 American depositary shares (ADSs) priced at $13 per ADS, within the pricing range of $11.5 to $13.5 gi...

  • By Fan Feifei(China Daily)2017-08-31 07:45

    JD Fashion and Alibaba's Pavilion site battle it out to showcase blue chip brands as they root out internet fakes Luxury labels are at the center of a new online battle between Chinese internet giants looking to cash in on the consumer craze for designer fashion. Big players such as JD.com Inc and A...

  • (Xinhua)2017-08-19 10:23

    BEIJING — For almost 30 years, Dong Qiaofeng has sold tahini, an essential for many cold Chinese dishes, noodles and hot pot, at Beijing's Sanyuanli Market. Until recently, her home-made sesame oil and tahini were the only things she sold, then she realized many of her customers were foreigners, w...

  • (Xinhua)2017-08-08 08:17

    Two women inspect a Breguet wrist watch inlaid with 706 diamonds, and priced 1.77 million yuan ($276,563). CHINA DAILYBEIJING - Sales of major luxury goods companies on the Chinese mainland and Hong Kong fell by 2.4 per cent year on year in the 2015 financial year, a report showed. According to an i...

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