luxury brands lagging Chinese foreign

  Visitors take pictures of a crystal drop light luxury in China in 2012, show a few luxuries in Beijing 8th June 2012. [Photo / Xinhua]

Chinese products were just opened, in contrast to the abundance of elements foreign to the luxury-products of a show to Friday.

"China has basically no luxury brand premium, which is unfortunate," said Xiong Xunlin, deputy secretary general of the China Chamber of International Commerce.

The disparity has become even more sensitive than the nation's hunger for luxury goods is more and more. Xiong predicts that to achieve the sales of luxury goods in 2015, $ 27 billion, making more than one-fifth of the world's luxury goods consumers in China and the world of luxury.

Xiong said that even if the global financial crisis hit in 2009, jumped sales of luxury goods in China for another 16 percent for the year.

A recent survey conducted by the University, was in Beijing for International Business and Economics and the base, that 68 percent of consumers believe more than 2,000 respondents, China lacks the ability to create its own luxury brands.

Jessica Tu, president of the Luxury Market Council (China) said the Chinese brands to remain weak in terms of global influence.

"You have to attach more importance to the exploration of overseas markets," Tu said.

Xiong said that while China was once the king of "luxury" as they were known in ancient times, the country has been slow to luxury goods that appeal to modern consumers to create.

"If the country is far behind, is the creation of brands," said Xiong.

The experts interviewed at the event said Mark Chinese rice wine, tea, porcelain and jewelry have the potential to become luxury goods of the class.