Luxury shows abound but quality questioned
By Wang Wen | China Daily | Updated: 2012-10-08 08:07
As China's luxury market develops fast, albeit with a bit of a blip this year, many Chinese businessmen have been investing in exhibitions that highlight the range of goods available.
Hundreds of various luxury shows take place around the country every year. In Beijing alone, three large events will be held from October to December this year.
The exhibitions not only take place in China's big cities but also in second- and third-tier cities, including Hangzhou, in Zhejiang province, Nanchang, in Jiangxi, and Tangshan, in Hebei, which have held them increasingly from 2011, when China's luxury consumption stood at $12.6 billion, according to Starcom MediaVest Group.
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