Latest News:  

English>>Business

Shoppers' top destinations

By Gao Yuan  (China Daily)

08:21, April 02, 2013

Chinese people visiting Europe may spend less because of the thriving e-commerce business in China, which may offset Chinese people's purchasing power overseas, according to Global Blue, a tourism shopping service provider. (Photo/China Daily)

But e-commerce remains both good and bad in battle among high street stores

European nations were the most favorite shopping destinations for Chinese buyers in 2012 and they are set to spend even more shopping overseas, according to a report by Global Blue, a tourism shopping service provider.

Chinese shoppers spent a record 3 billion euros ($3.9 billion) on duty-free shopping in 2012, an increase of nearly 60 percent year-on-year, according to Nyon, a Switzerland-based company. The figure could see a 20 to 25 percent growth in 2013, it added.

The amount only included transactions handled by Global Blue.

"China represented a quarter of total transactions for us. The nation is the source of the world's largest number of travelers," said Arjen Kruger, executive vice-president and chief marketing officer of Global Blue.

The company report showed more than 80 percent of Chinese tourists see shopping as a vital part of their overseas trips.

Watches and jewelry were among the most favorite items for Chinese shoppers, followed by fashion and lifestyle items.

Along with the Chinese government's intensified battle against bribery and its advocacy of a frugal lifestyle, analysts said the government's move will, to some extent, deter newly rich Chinese from spending excessively on luxury goods such as watches and jewelry.

However, Kruger believes it is still too early to assess the effect on the shopping industry.

"The actual impact may not show itself in the upcoming quarters," he said.

First choice

European countries were the top options for Chinese shoppers, said the report. Most Chinese tourists chose to visit France, Germany, Italy and the United Kingdom in 2012.

The number of Chinese tourists going to the United States accounted for about a quarter of those who visited European countries.

Although the United States government started to lure international travelers by pushing its tourism industry, Europe will remain the top destinations for Chinese travelers.


【1】 【2】 【3】



We Recommend:

Photo Story: Bittersweet life of auto model

Top 10 richest people in Beijing 2013

34th Bangkok Int'l Motor Show to kick off

Beijing’s second-oldest McDonald outlet closed

Top 10 world's youngest billionaires 2013

China's solar giant declares bankruptcy

Email|Print|Comments(Editor:WangXin、Chen Lidan)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Su-27 fighter jet crashes in Shandong

  2. Paramilitary personnels in competition

  3. Photos of the Indian Festival of Colors

  4. Rush for Qingming Festival hits roads, rails

  5. 17 confirmed dead in Tibet landslide

  6. China's weekly story
    (2013.3.23-3.28)

  7. We miss you so much, Leslie

  8. Bikini-clad girls move on Robstep

  9. Private aircraft stores opening across China

  10. Air China launches 2nd Beijing-NY direct flight

Most Popular

Opinions

  1. Xi's visit starts new era of China-Africa relations
  2. Opinion: It's high time to stop hijacking Tibetans
  3. Significant risks remain for global economy:BRICS
  4. BRICS summit offers bright sunrise
  5. Western leaders learned nothing from Iraq disaster
  6. Home prices thwarts people's 'Chinese dream'

What’s happening in China

Experience death, reflect life: Girl stages her own fake funeral

  1. Drug dealing pair sentenced to death
  2. Man suspected of stabbing women with needles
  3. More HIV cases among Chinese students
  4. Hero's ex-chief admits tainting baby formula
  5. Anger over officer who paid for child sex