The adjustment of consumption tax can not shake the attractiveness of the Chinese market

7.35 million yuan! This price is not corresponding to a luxury villa or a sports car, but a Swiss watch. Luxury watches in China began to levy consumption tax, luxury watch brand Blancpain in Chengdu began the second leg of the world tour event station, including a collection of ultra-thin self-winding movement watch model 1735, Tuo six functions of the flywheel, perpetual calendar, moon phases, known as the world's most complex mechanical watches, not a diamond inlay, price is still $ 735 million, this world's only 30 watches have been fixed sold two sensual. Price of more than 1 million watches will impose a 20% excise tax from April 1, April 5, Wangfujing Hendry watch shop Emperor, TAG Heuer, radar prices, or the highest, but 10%. Hendry sales staff told reporters, Omega have to price adjustment in April 15, but do not know to rise much. Interestingly, all sales staff said in unison, the price is the independent behavior of each brand, and regardless of the consumption tax, as evidence that an original price of 5500 yuan, TAG Heuer watches now price rose to 5,900 yuan, this price is not in the consumption tax levied range. When the public due to the consumption tax and set our sights on the industry, the major manufacturers and distributors representatives went to the annual industry event in Basel Watch Fair. The end of March, early April will gather the world's top watch brands, in the birthplace of the Swiss luxury watches, Vacheron Constantin, IWC, Piaget, Cartier, Rolex and other brands release their latest product. From the data provided by the organizers, the more expensive the table selling the better unit price of 5,000 Swiss francs or more in 2005 (the price has more than 30,000 yuan), watch the global sales of 1.8 million, compared with 2004 growth 10%; 1/4 price of more than 10,000 Swiss francs table growth, sales reached 650,000. Compared to Europe, North America, the market is becoming saturated, China is in a period of sharp rise according to statistics of the Ministry of Economic Affairs of Switzerland, the Swiss watch industry exports to China last year, an increase of 25.7% to 3.5 billion Swiss francs in the Swiss watch exports standings # ten, which makes China's new excise tax policy has become a hot topic on the Basel Watch Fair. Swiss SWATCH Group Public Relations Manager Beatrice Huowa Stewart, SWATCH is trying to adapt to the new market conditions, "the new tax policy will reduce sales of high-end table, but the Group will increase mid-table to make up for the outside world this loss. "