Ministry of Commerce or reduce the circulation cost of designer clothes

Minister of Commerce Chen Deming said at the press conference that the overall foreign trade situation this year is relatively good. Affected by trade protectionism and other factors, the annual increase in imports will be higher than exports, and this year's trade surplus as a percentage of GDP may decline and be lower than last year. The level of 3.1% does not rule out a trade deficit in individual months.

Why the people are concerned about brand-name goods, especially in the domestic production of brand-name goods but cheaper than in foreign countries, Chen Deming said that foreign brands are cheaper mainly foreign domestic distribution system is not perfect, high-end brand operating costs are relatively high, in addition to domestic taxes also Higher than developed countries.

He said that the Ministry of Commerce is studying measures to strengthen the regulation of the retail market and reduce domestic circulation costs, especially for foreign brand-name products produced domestically, and can be converted directly into domestic sales in China through convenient means, so that the people can get more Affordable.

According to Chen Deming, China’s high-end consumption increased by 23% last year, and overseas high-end consumption increased by 30%. The main driving force behind this is the large population base of China. More and more people, especially after 80s and 90s, are looking for brand-name goods. It is expected that China may surpass Japan in 2015 to become the world’s top high-end consumer country, and currently ranks second in China.