How do wealthy Chinese spend money overseas?
Updated: 2016-01-26 10:32
(People's Daily Online)
|
|||||||||||
Over 50 percent of spending goes to shopping
Data shows that over 50 percent of spending done by Chinese tourists goes to shopping. They spent relatively less on jewelry, tobacco and wine, but more on daily necessities and at supermarkets.
Additionally, more and more Chinese people are beginning to buy handicrafts and paintings. Chinese tourists have become more rational in their spending, switching their priorities from luxury goods to vacations, said Wei Zhihong, general manager of the European branch of UnionPay International.
Related Stories
Nanyang tourist attractions offer children a happy winter vacation 2016-01-20 17:25
Shanxi tourist income grows last year 2016-01-19 15:37
Global consumer tech spending could fall 2% in 2016: report 2016-01-06 10:25
Pingtan gets first 5A travel agency 2016-01-19 17:40
South Africa eases travel requirements for Chinese 2016-01-15 15:06
Today's Top News
China's growth envy of developed world
Foreigners find hard to but China's rail tickets
Rags to riches saga underlines China's transformation
Leaders address Iran's thirst for growth
UK's interest in China boosted by BBC TV series
Global push
AIIB chief vows to run clean, lean, green institution
'More Europe' to deal with 'triple crisis'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Acquisition bandwagon continues to roll |
South China's food touches the heart |
China wins fastener tiff with EU |
Global presence doesn't make a multinational |
Businessman heads revolution in China's canteens |
UK's interest in China boosted by latest BBC TV series |