The China Luxury exhibition: gallery
Times LIVE | 08 June, 2012 11:49
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Photograph by: DAVID GRAY
Visitors stand near the new Aero Coupe car by luxury British automobile brand Morgan, after its launch at the China Luxury exhibition in Beijing.
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Photograph by: DAVID GRAY
Workers put the finishing touches to a sign on a stage before the opening of the China Luxury exhibition in Beijing.
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Photograph by: DAVID GRAY
A potential customer listens to a saleswoman as she sits in the display booth for a breast care company at the China Luxury exhibition in Beijing.
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Photograph by: DAVID GRAY
A woman looks at pieces of art, including one showing faces of former Chinese Chairman Mao Zedong, at the China Luxury exhibition in Beijing.
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Photograph by: DAVID GRAY
A model stands next to a new Aero Coupe car, made by luxury British automobile brand Morgan, after its launch at the China Luxury exhibition in Beijing.
China is presently the world's third biggest market for personal luxury goods, worth at least 160 billion yuan (US$25 billion), but is expected within the next three years to leapfrog over Japan and the United States to take the top spot. As it grows, the market is also maturing, moving from so-called aspirational luxury, where bling is king, to what experts call absolute luxury: the desire to be seen as both wealthy and discerning.
