Chinese tourists in April overseas tourist consumption surged 92.4 percent; on the contrary, the Russian tourist spending fell 31.3 percent in April, overseas visitors spending in Europe rose 40.4%, although very impressive, but with an 93% increase compared to other regions , it is trivial. Barkley believes that this data shows 70 percent of China’s middle class in Asia, consumption of luxury goods sales growth in Europe was driven by the tourism center even though consumption of Chinese tourists tend to leather products, increased consumption of such products up 78.2%, but, in general, watches and jewelry are still the strongest performer, sales rose 56.6 percent, Barclays Bank said it can be seen from the above data: Chinese consumers turn to Europe to buy hard luxury trends from Hong Kong has The relief, for example, Hong Kong has lowered the price of Cartier love bangle in the case of a further 5% discounts, while Cartier’s parent company Richemont Regular price adjustment twice a year, the prices in Europe increased by 7%. This shows that the spread between hard luxury mainland China. Hong Kong and Europe has a relatively balanced; for soft luxury, spread the problem is more difficult for Japan to become a new tourist hot spot
Japan’s overseas visitors rose to its highest level in 20 years. The data show a 0.1% contribution for the Japanese domestic GDP. This is Japan, a ten years has been trying to get rid of the country’s economic stagnation, it is not a small change in Tokyo Meiji Yasuda Life Insurance Company economist Yuichi Kodama said: “Tourism is a growth in purchasing power in Asia to introduce Japan effective way to market due to reduction of the population in Japan, in the long run, Japan’s domestic demand is difficult to gain momentum. ”
Cabinet Office data show that two, three, April foreign tourists to Japan Travel consumption amounted to 4.6 billion US dollars in the yen against the dollar nearly a third of cases, China’s tourism plays an important consumer market in Asia the role of Chinese tourists to visit Japan in April increased by 113%, according to the Japan National Tourism Administration, Chinese tourists reached a record 1.8 million passengers, according to Bank of America Merrill Lynch predicts that by 2019, there will be approximately 174 million Chinese tourists travel to Japan, consumption is expected to be around $ 264 billion.