Luxury consumption in the second-tire and third-tire cities
As we all know, Luxury consumption becomes more and more popular in China. Chinese luxury consumption will be the first in the world in the few years not only in the first tier cities, but also in the second-tire and third-tire cities.
With the development of China’s economy, People have more money to buy luxury goods, especially in the second-tire and third-tire cities, People have higher desire for consumption.
Some people think that luxury can promote economic development. It can narrow the gap between the first tier cities and the second-tire and third-tire cities.
But some other people think Luxury consumption in the second-tire and third-tire cities may bring bad effects. In fact, many of the luxury consumers is obvious in conspicuous consumption under psychological effect. So It is a kind of unnecessary spending. It can increase the economic burden of the people. It is not a healthy consumer psychology.
I think luxury consumption should be modest. we must consider our own economic conditions, make the best consumer choice.
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