Welcome to Jing Daily’s China Luxury Brief: the day’s top news on the business of luxury and culture in China, all in one place. Look below for the top industry news from January 15, 2014.#
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Today’s stories:#
Poll: Chinese Tourists Plan To Travel And Spend More In 2014#
"China’s booming travel industry is only set to get bigger this year as travelers take more trips and spend more money on them, according to the results of a new report. A survey of more than 3,000 respondents from more than 30 Chinese cities conducted by online travel site Ctrip took a comprehensive look at travelers’ plans for 2014, including where they’re going, how much they’re spending, and how they’re booking."
From Handbags To Wine, China’s Luxury Counterfeiters Flee To WeChat#
"Mobile messaging app WeChat is one of the most effective digital marketing channels for international luxury-goods giants in China, but its convenience can be a double-edged sword. According to a recent Chinese media report, it is also a massive breeding ground for counterfeit luxury-goods transactions."
What we’re reading:#
Chinese Shoppers And Men's Tailoring Boost Burberry Sales#
"Burberry sales grew by 14pc during the busy Christmas period as shoppers in China and demand for its large leather goods boosted the luxury British brand."
Beijing Orders Shutdown Of 'Secret' Clubs, Restaurants Within Public Parks#
"The Beijing city government has issued an order to close down all private clubs and high-end entertainment venues set up at the city's spacious public parks, amid efforts to curb officials’ lavish lifestyles and crack the whip on corruption."
[SCMP]
Shanghai FTZ To House Asia's First High-End Fashion Distribution Center#
"Asia's first distribution center for luxury fashion brands is expected to be established in Shanghai's free trade zone (FTZ) and will take advantage of the favorable tax policies there, reports the Chinese-language Guangzhou Daily."
Chinese General Caught With 'Pure Gold' Statue Of Chairman Mao#
"A senior military official was caught with an Aladdin's Cave of supposedly ill-gotten goods including a “pure gold” state of Mao Tse-tung it emerged this week, as China’s president warned “drastic medicine” was needed to rid his country of corruption."
Vegetarian Fine Dining In Beijing#
"King’s Joy, located just across the road from the Lama Temple, serves up dishes like toothsome sweet-and-sour “monkey’s head” mushrooms, truffle-grilled squares of crispy glutinous rice and braised spicy tofu that leaves a long-lasting Sichuan peppercorn kick."
Private Jet Market Faces Turbulence#
"China has become one of the fastest growing markets for corporate jets, comprising 25 percent of global orders. In 2005, Airbus sold its first corporate jet to China. In the next five years, Airbus sold China more than 20 planes, according to the Civil Aviation Resource Net of China in April 2013."