Customers are paying as much for the products as for the meticulous, personal servic
es and the exclusive, well-decorated spaces where such services are provided. W 上海千花网女神会所
e have removed all the unnecessary parts and are targeting office workers and fresh graduates,” said Wei.
上海千花网Together with four co-founders, the Shanghai Jiao Tong University graduate mad
e several entrepreneurial forays before settling on “accessible menswear tailoring”. 上海千花网
“We have spotted a gap between the supply and demand. On one hand, manufacturers and bran
上海千花网女神会所ds are struggling to keep consumers in an increasingly competitive market. On the other hand, the
young consumers are always looking to find the next perfect shirt or dress,” said Wei.
Today, the company is in partnership with a dozen apparel factories across the country, which help produ
ce not only shirts, but also jeans and jackets for the company’s 1.5 million members. 上海千花网
Sales this year are expected to reach 800 million yuan, four times that of 2018.
上海千花网”I don’t think we are in competition with any particular brand. Instead, we are creating a new category,” said Wei.
But she admitted that the pricing of their offerings has put them in the same field as fast fas 上海千花网女神会所
hion brands like Uniqlo and China’s homegrown menswear giant Heilan Home. 上海千花网
he market for menswear in China has been underestimated for a long time. It’s not like men don’t need to lo
上海千花网女神会所ok smart or have the financial capability to spend, but it’s in our traditional mindset that there is
not a market for them. If there is any difference, it is that they are less willing to spe
nd time on selecting styles and brands, which means higher brand loyalty,” said Wei. 上海千花网
Consultancy firm Euromonitor International estimated that China’s menswear market was worth over 572 billio
n yuan in 2018, up 7 percent year-on-year. While it still accounts for about one-third of the total apparel market, it is proj 上海千花网女神会所
cted to enjoy a higher-than-average growth rate and surpass 612 billion yuan by 2023.
Everbright Securities estimated that China’s tailoring market would be worth 200 billion yuan by 2020, almost twice t
hat of 2016, and about 80 percent of the business would come from the mid-price sector.
ers on one charge would earn 5 credits for its maker according to previous equations, and in the draft proposal the credits will be redu
ced to 2.5, according to Cui Dongshu, secretary-general of the China Passenger Car Association.上海千花网
He added that the proposed policy encourages better technology as more efficient power consumption will earn more credits.
上海千花网女神会所Analysts said the plan’s release will help carmakers to coordinate their production plans, es
pecially international ones, which have been slower than Chinese ones to respond to policy changes.
Herbert Diess, CEO of Volkswagen AG, called for a stable policy envi上海千花网
ronment at the World New Energy Vehicle Congress held in early July in Hainan province.
The German carmaker said almost half of its new energy vehicles produced in 2028 will
上海千花网女神会所be made in China. China has been the largest market for new energy vehicles since it overtook the United States in 2015.
So far there are around 3.5 million such vehicles on its roads.
The country’s new energy vehicle sales surged 65.9 percent year-on-year to 577,000 units上海千花网
during the January-June period, data from the China Passenger Car Association showed.
上海千花网女神会所The draft proposal is expected to help boost hybrids as well, to which Japanese carmakers have devoted much time and money.
They would still be considered fossil-fueled but re-classified as “low fuel consu
mption passenger vehicles” and thus will incur less negative points than traditional vehicles.
Under the current system, automakers in China are obliged to make up for a portion of the negative points they incur whe上海千花网女神会所
n they produce internal combustion engine vehicles with points won for producing new energy vehicles.
Analysts said the revision could see more traditional vehicles replaced with hybrids, because when automakers prod
uce hybrids. The proposed change came as a surprise, some experts and industry officials said, because the gove上海千花网女神会所
rnment has never before given any preferential treatment for hybrid technology.
“The new proposed policy is a roundabout way to promote hybrid cars,” said Cui in a social media post.
ternational Economic Exchanges, said besides the policies launched to further stimulate c
上海千花网onsumption upgrade, the authorities needed to regulate the consumption environment in elderly car
e, healthcare and information while easing market entry in the healthcare, education and elderly care industries.
上海千花网Foreign companies are also showing a positive attitude toward the Chinese market.
“The implementation of more opening-up policies in the field of consumption is contributing to the shift of China’s econom
ic growth model from investment orientation to consumption orientation, which is more sustainable,” said St上海千花网品茶微信
phane Rinderknech, CEO of L’Oreal China, one of the world’s leading beauty products makers.
“Today, we are more confident than ever in developing and seizing opp上海千花网
ortunities in China. With a continuously improving business environment, consumers’ trust and
our great China dream team, we are confident in making China the number one market for L’Oreal Group in the near fut
上海千花网品茶微信ure,” he said. “We hope the joint efforts between the Chinese government an
d companies will further stimulate China’s domestic consumption and benefit consumers.”
Faced with trade friction with the United States, experts believe consumption will play a major
role in offsetting the negative impact on trade and putting economic growth on a firm footing.上海千花网品茶微信
“China is a market with a population of 1.4 billion and 400 million middle-income earners, and there is a strong dem
and for consumption upgrade,” said Wang Bin, an official at the Ministry of Commerce. “The domestic consumption ma
rket is full of potential and it is China’s biggest advantage to maintain long-term stable development.”
Rural areas offer more consumption potential, according to experts.
“The country’s exports in the first five months (of 2019) had been increasing but at a slower pace… in the future, the trade surp
lus will inevitably narrow,” said Xu Hongcai, deputy chief economist at the China Center for International Economic E
xchanges, arguing that the degree of dependence on foreign trade will decrease.
He said the country needed to turn to domestic demand to power ec
onomic growth, and the country’s ongoing urbanization offered large potential.