Phoenix TV guest talk about a tiger, BBG chairman Wang Tian predicted the next two major consumer trends
Source:www.bbg.com.cn
times:2016-03-24
National deputies, BBG chairman WangTian March 9 in Phoenix Satellite TV, "a tiger a seat" recorded in two special programs that, China during The thirteen Five-Year Plan will usher in 100 million middle-class families, but the domestic manufacturing industry didn't make full preparations to cope with. At the same time, he believes,post-90s is becoming China's consumer market is the main crowd. They are more individual generation and consumption, pay attention to the feelings and tonality and manufacturing need to make adjustment, otherwise it is difficult to adapt to market changes and requirements of them. Chairman Wang (left) and to participate in the program recording guest posed this episode invited, including BBG CEO WangTian, Gree Electric Appliances chairman and president Dong Mingzhu, political scholars ShiZhan, Agricultural Bank of China chief economist Xiang SongZuo, a number of experts, scholars and industry leaders around the "China's manufacturing industry can be the theme of the return of the king has launched a fierce battle. Guests impessed that we can not say there is no good products on the domestic market, but Chinese consumers overseas buying phenomenon behind the refraction out their inability to form stable consumer expectations, to respectively which are really good products, in the past, our products  made consumers do not have a sense of trust, and now want to allow them to accept the need to pay a greater price.

Host Hu Yihu on this question chairman Wang, whether he favor past Korean advocated by buying the national brand to support domestic products, stimulating domestic demand approach. Chairman Wang response says, he advocated that everyone in the response of domestic products at the same time, should also use something foreign to reverse prompted domestic manufacturing industry. Wang Tian, chairman of the board, said BBG last year to implement the strategy of globalization, the world set up six overseas subsidiaries, found that there are a lot of good and not expensive foreign things. He mentioned that he had seen the report released by the U. S. Bain consulting, which has two attracted his attention: first, China during  The thirteen Five-Year Plan will appear 1 million middle-class families. However, many of China"s manufacturing industry this is do not fully prepared; second, the manufacturing cost of the Chinese consumer goods has been higher than developed countries consumer goods manufacturing cost of 30%, of which a large part of the factors and tax.