The rich are no longer collectors of watches for their own use.

In the past year, China’s wealthiest people have cut their gift-giving spending as China’s top executives began to let the government’s government officials pay extra luxuries.

Hurun Report, a detailed survey of all wealth in China, said in his 2014 Consumer Survey of Luxury Consumers that people who plan to give gifts of more than RMB 5,000 in the Spring Festival two weeks later are 25% less than last year. .

Hurun Report investigated 393 mainland Chinese with a personal wealth of more than 10 million yuan. Overall, their average spending on luxury goods fell by 15%, from 1.77 million yuan last year to 1.5 million yuan this year. Hu Run said: "This may be due to the anti-corruption campaign and the impact of the economic slowdown."

The Chinese government has put the fight against government's ostentation and corruption as the focus of its work. This has created an atmosphere in which many business people are afraid to give them a showy gift for the government officials. The officials dare not accept this. Class gifts.

Lei Shan, of the China Market Research Group, based in Shanghai, said: “Chinese officials are looking for lower-key gifts that can be consumed at home, such as medicine or massage chairs.”

He said: "People tell us that they used to give expensive gifts in the past because they expect a certain return. However, nowadays officials are limited in their actions, so they will give away some low-value items, just to maintain their relationship with officials."

For example, in the first 11 months of last year, China's Swiss watch imports fell by 15% year-on-year, which is largely due to severe crackdowns on gift giving. Hu Run found that the rich people are no longer the kind of collectors who collect watches for their own use. This habit has been more than the favorite of traditional Chinese ink paintings for five years.

The report said that Chinese millionaires’ confidence in their economies has risen, and three out of every ten people feel “very confident” about their economic prospects.

In addition, China's richest people are now healthier, or at least they say they are healthier: 61% said they don't smoke, and 40% say they don't drink (which is 12% higher than last year).

1) Are your company is trading company?

A: We are machines manufacture, we have two factories: one is Guangzhou Taixinsheng Machinery Co,. Ltd, other one  is Thies (Guangzhou) Co.,Ltd  is our own export and import company, mainly deal with export orders.

 

2)Do you have after sale service?

A:Our factory has been more than 20 years. We have our own professional production and after sale service team. We also can provide knowhow.

 

3)Which countries are buying your machines?

A: We sold to Bangladesh, Vietnam, Indonesia, South Africa, Norway, Uzbekistan, Malaysia, Thailand, Pakistan, Latvia and so on.

 

4) Do you attend exhibition?

A:We attend Shanghaitex exhibition, ITMA, DTG in Bangladesh, Vietnam exhibition, Indonesia Exhibition and so on. Before we go to attend exhibition, we will announcement on website.

Garment Dyeing Machine

Garment dyeing machine,machine for garment dyeing,cloth dyeing machine,dyeing machine in garment industry

Guangzhou Dyedtech Machinery Co.,Ltd , https://www.dyedmachine.com