Just Published: "Travel Retail in China"
Travel retail posted robust current value growth of 12% in 2013 owing to the increasing awareness of the importance of leisure travel for personal wellbeing, supported by rising disposable incomes. More Chinese consumers tended to choose travel as the priority for relaxation purposes from the pressures of studying and working life, so that they gradually enhanced the frequency, time duration as well as their budgets for leisure travel, thus boosting total expenditure on travel retail overall in 2013.
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