The industry believes that the diamonds are from the wedding

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Especially with the rapidly growing proportion of the population of the middle class, the consumer demand for luxury goods will be more robust domestic luxury goods market will also form a more complete ecological chain, this market will usher in a new stage of development. data show that as of the end of last year the Chinese luxury goods amounted to $ 9.4 billion, 27.5% of the global market share. Expected in 2014, the Chinese luxury goods market will reach $ 14.6 billion, to play an important role in the global. in gold jewelry market in recent years, China's gold jewelery retail sales have achieved double-digit growth in gold production and sales ranked fourth in the world. in diamonds, the data show that diamond sales in China will reach $ 1.8 billion this year, China has surpassed the United States to become the second largest diamond consumer market after Japan.

The industry believes that the diamonds are from the wedding gifts into daily fashion jewelry, diamond demand will exceed 10 years, a rate of 30% is expected to growth. stakeholders that the international jewelery giants have accelerated the layout of the Chinese market, and optimistic about the increasingly strong economic growth and the resulting huge consumption potential. As a result of the impact of the international financial crisis, the focus of the world's luxury goods market began to shift to China, India and other emerging markets, the long-term to see which will impact on the consumption patterns of the past few decades the traditional international luxury. two third-tier cities into strategic places the occasion of the international luxury goods giant to compete in China, the second and third tier cities it became the focus of the layout.

CTF since Guiyou in Beijing opened its first mainland store in 1998 to enter the mainland is only a short 12 years, but the implementation of the franchising business strategy has been noticed. Chow Tai Fook through brand management license to join the self, and associates a variety of ways, one thousand branches opened in more than 60 cities in the Mainland, as the center of Beijing, Shanghai, Guangzhou, Wuhan, North China, East China, South China, west four regional operations centers. Chow Tai Fook, said the person, Chow Tai Fook in the first and second tier cities in the shop about 70% weight other than the first-tier cities will increase in the future. The 2020 CTF the number of stores in the Mainland will reach 2000, of which the third and fourth tier cities account for 50%.