Posts Tagged ‘China’

China will continue to cheap fifa coins

China will continue to foster market recognition and authoritative cheap fifa coins commodity index, vigorously develop the domestic commodity index as the underlying commodity index funds, commodity cheap fifa coins ETF and other investment products, broaden the channels of asset allocation of wealth management. Third, accelerate the fifa 18 coins market opening the cheap fifa coins of wealth management globalization layout. The trading volume of domestic futures market contracts in the global rankings, but still failed to grasp the international pricing cheap fifa coins to speed up our country. The futures market opening to encourage global wealth management institutions will be incorporated into the scope of configuration, is cheap fifa coins to enhancing the international influence of the domestic futures market. We will be from a higher degree of internationalization of the crude oil, iron ore and other cheap fifa coins, the gradual introduction of foreign investors in the asset allocation by the domestic fifa 18 coins ps4 futures market.

In the history of Cartier’s development, its customer list has been very prominent

Richemont did not disclose Cartier’s sales in 2011. In the Richemont Group’s jewelry business, in addition to Cartier jewelry, there are Van Cleef & Arpels. In the last fiscal year, Van Cleef & Arpels’ profit margin was $ 4.41 billion. Thanks to the strong demand for watch in the USA market, as of December 31, 2011, Richemont watches total sales increased 24% to 2.62 billion euros. According to the average valuation of 13 analysts in Bloomberg, Richemont’s profit reached 2.54 billion euros. Data from the Internet show that as of March, Cartier last fiscal year profit increased by 25%. “About 45 percent of the brand’s sales come from Cartier love bracelet replica, 35 percent from jewelery, and the rest from decorations,” said Bernard Fernas, Cartier’s global president.

Luxury inflection point

In the history of Cartier’s development, its customer list has been very prominent, including the Russian tsar, actress Elizabeth Taylor and others. But now, in order to adapt to the global economic cycle, it is creating a new luxury trend, with a more cautious, more low-key form to the performance of wealth. “Today, the big man’s watch is losing his position,” Bernard Fernas said in an interview at the Geneva Watch Fair. “During the economic crisis, you will show off less and you will choose those who look more low-key, more Ergonomic style. Guilt is a very important psychological factor. “2008 after the outbreak of the US subprime mortgage crisis, Cartier’s approach is to introduce entry-level works, to adopt a more conservative market attitude, this strategy continues today.

At the Geneva Watch Fair in 2012, Cartier exhibited complex timers and watches decorated with jewelery. It re-launched the British tank watch, this style was born in 1919, it has three colors of gold, is the Cartier following the blue balloon watch after the grand launch of the new. Standard blue balloon watch is Cartier’s most popular watch in recent years, its price at least 10,000 euros, those inlaid precious stones, more complex blue balloon watch, the retail price of up to several hundred thousand euros. Compared with the blue balloon watch, the British tank table in the design more introverted low-key, classic lines of the atmosphere, the price is more affinity. In explaining the reasons for the launch of the tank series, Bernard Fernas said, “partly because of economic slowdown, and consumers tend to choose a more simple timer.”

The company is trying to prepare to face the turning point in the economic cycle, it is still outside the jewelry and watch industry expansion. “In the recession, people will return to the classic brand, rather than those popular fashion.” Bernard. Funas said. In the Cartier love ring replica, Cartier is renowned; in the Swiss watchmaker’s ranking, it is second only to Rolex. Cartier sales of watches, about 5% will be returned during the warranty period, the proportion is much lower than the watch industry average 10-15% maintenance rate. Their goal is to reduce the return rate due to quality problems to 3% over the next few years.

Not every luxury brand will be welcomed by Chinese consumers. Only a few brands such as Montblanc, Cartier, Louis Vuitton and Zenia can benefit from both sales and marginal profits. Jane Ya-wen believes that there is a skill to balance their own high-end image and the relationship between the size of the burden of the population, which is critical for the success of luxury brands. In the design emphasis on conspicuous, but only a lightly understated way. Such as the classic surface of the Cartier watch, gently gold mosaic. It locates luxury as a “advanced tool” that can be used for presentation, rather than a privileged privilege. It is also actively involved in women’s education programs, from multiple levels to maximize the impact.

From 1970 to enter Hong Kong, Cartier in the Chinese market has been insisting on two market channels. Cartier watches through the recruitment, assessment of the dealer to operate, the jewelry business is all direct management by the Cartier self-store. “We have recruited dealers for many years, and the current dealers are working closely with us. In addition to money and money, there is an in-depth understanding of the watch field,” she said, Product sales is a dream, is self-realization, self-satisfaction, is by gift to give some special moments to the meaning. “In such a market in the development stage, a brand in the entry, we must strengthen the brand image, with accurate way to spread the message.” She said.

Cartier is clearly full of confidence. But by many factors, the prospects for luxury goods in the Chinese market is still uncertain, Cartier can not turn a blind eye to this. “In the fourth quarter of 2011, we still maintained a very good growth trend, but not as good as before, we are cautiously optimistic about 2012.” A luxury brand manager in China said.

In fact, in the Chinese market, Cartier is not no worries. As we all know, second and third tier cities will be the future of luxury goods in China an important battlefield. From 2008 onwards, many luxury brands began to increase in China, second and third tier cities to shop the intensity, such as Armani, Dunhill Road. In the second and third tier cities in terms of the number of stores, compared with these luxury brands, Cartier is not dominant.

complex domestic and international economic situation

The study of international economic tibia.html and financial situation and the new change impacts on China’s economy and countermeasures. Premier Li Keqiang presided over the meeting and delivered an important speech. From the TV screen, the participants although the “small range”, but it is definitely “heavyweight.” It includes not only the four deputy prime minister three state councilors, as well as central bank governor, Development and Reform Commission, Ministry of Finance and other ministers and macroeconomic policy-making departments “in charge” all present.
    So “high standard” lineup, case studies of recent domestic and international economic and financial situation, which in the past few and far between. “Intensive” Xinhua News Agency through the draft, which is able to resolve which released a new signal.
    Economy face new pressure
    First,GW2.html the economic work next “target” clear.
    Premier Li Keqiang thematic meeting pointed out that the recent international financial and unusual fluctuations in commodity markets, the world economic recovery has added a new uncertainty, China’s financial market, import and export are affected deepening economic operation face new pressure ʱ??
    New pressures, problems mean new consciousness, and new coping mechanisms. Prime Minister has said that the Chinese economy to strengthen their confidence, keeping anyone. But he also stressed the need to face difficult challenges, proactive, timely and properly deal with, so avoiding disadvantages.
    The so-called “benefit”, referring to the positive factors in the current economy. Workshops also give a clear judgment: the State Council has promulgated the RRR cut interest rates, tax cuts reduce costs and to stabilize the market and a series of targeted regulatory initiatives effects continue to appear, the positive factors in the accumulation of structural adjustment also enhanced the development of kinetic energy.
    Especially not to overlook the two core reference: First, China’s economy remains in a reasonable range – it is compared themselves with their own; second, China’s economic growth is still walking in the forefront of the world – this is the ratio of China with the world.
    In microscopic dynamic and constantly supporting macroeconomic stability was burst
    Secondly, to further clarify what “weapon” is.
    Proactive fiscal policy and prudent monetary policy, which is the most basic weapons policy toolbox. Interval control, directional control, camera control, this is the most flexible weapons. Especially in the face of very complex domestic and international economic situation, Li Keqiang requirements, adhere to the regulation on the basis of the range, around corners, flexible application of policies, a more precise directional control, regulation of hedge camera downward pressure on the economy.
    “See around corners” this idiom, is clearly not a traditional presentation style news release. This pass is issued in conjunction with the other two words to understand: “In the micro burst of vitality continue supporting the overall macroeconomic stability”, “grasping the development distractions, keen to capture the economic operation of the trends and tendencies problem.” Only the primary task of development, “distractions” in order to achieve “see around corners.” On the one hand, the vitality of the majority of market players, public Peoples of entrepreneurial innovation, these spark the “micro” enough to bring the whole economy Liaoyuanzhishi; on the other hand, the signs of economic operation, the tendentious question “micro “we must always remain sober and keen to precise force, camera preset tuning implementation.
    Why grief, only reforms. This is the most trenchant “ultimate” weapon. Pass is issued four times referred to “reform”: continued to promote structural reforms to stimulate more vigorous reform and innovation vitality of the market, come up with more reform and opening up new initiatives, continue to promote financial reform. This 4 “reforms”, taking into account the macro, meso, micro, each with meaning.
    The bottom line to hold regional systemic risk does not occur
    Again, clear what “ammunition” Yes.