Editor's note: A wide range of global luxury brands has flocked to the 3rd China International Import Expo (CIIE), signalling continued investment in the Chinese market.
In many ways, China has become the driving force of the luxury goods market. Last year, Chinese consumers alone accounted for 90% of the growth in the luxury goods market. This accounted for $21 million in sales.
Luxury glassware by Dyatkovo Crystal at the 3rd China International Import Expo (CIIE) in Shanghai, Nov. 9, 2020.[Photo by Zhang Liying/China.org.cn]
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