Luxury Roundtable
Comment

China

The truth about Chinese consumption – and its impact on luxury: report

October 7, 2024

Beijing skyline at sunset Beijing skyline at sunset

 

By Luxury Roundtable Intelligence

Despite low consumer confidence, pockets of growth in China’s vast consumer market remain.

This content is accessible only to members of Luxury Roundtable. We would love for you to become a member and enjoy the many benefits soon after. Please click here to enroll as a member of Luxury Roundtable. Already a member?
 
NEW INTELLIGENCE

MOST READ
  1. What does Gen Z want from luxury? Take our survey and find out 
  2. Presentations + Photos + Sponsor Information from Luxury Roundtable and Luxury Marketer's Luxury Real Estate and Design Summit 2026 October 
  3. Report: Potential of Africa’s residential and commercial real estate markets
  4. Announcing the 3rd annual Luxury Real Estate and Design Summit Oct. 14 in New York 
  5. 6 days left! Register now for Luxury Outlook Summit New York 
  6. Announcing Luxury Roundtable's 2024 calendar of events and intelligence 
  7. Walpole delegation in Japan to promote British luxury to domestic, Chinese shoppers
  8. 2 weeks left! Register now for the Luxury Commercial Real Estate Summit NYC 
  9. 5 steps for leaders to unleash their team’s strengths 
  10. 1 week left to meet America’s leading luxury property developers! 


MORE IN China
Cautious Chinese buyers, putting global luxury on notice, divert spend towards homegrown brands
February 12, 2026
Global luxury spending to stay flat at $1.66 trillion in 2025 as shopper base shrinks
November 21, 2025
Luxury in China: Turning the corner or still in the tunnel?
August 11, 2025
Global billionaire population: India up, China down, US top
December 2, 2024
Global luxury to post flat growth at $1.6 trillion for 2024, sheds 50M customers in 2 years
November 13, 2024
Global luxury spending, at $1.6 trillion, is flat for 2024 as 50M customers leave market and top customers question exclusivity value prop
November 13, 2024



RECENT INTELLIGENCE
What does Gen Z want from luxury? Take our survey and find out
October 22, 2026
Presentations + Photos + Sponsor Information from Luxury Roundtable and Luxury Marketer’s Luxury Real Estate and Design Summit 2026 October
October 22, 2026
Last chance to register for Luxury Real Estate and Design Summit New York
October 12, 2026

Announcing the 3rd annual Luxury Real Estate and Design Summit Oct. 14 in New York
September 21, 2026
1 week left to meet America’s leading luxury property developers!
September 8, 2026
2 weeks left! Register now for the Luxury Commercial Real Estate Summit NYC
September 1, 2026