Initial Probe into the Development of Luxury Industry

In recent years,Chinas luxury goods consumption market presented a swift and fierce development momentum.To seize greater markets,the global luxury brands land in China in abundance,while China rarely has its own luxury brand.From the national wealth accumulation and the social economy efficiencys angle,this paper analyzes the influence of luxury consumption on social development and comes to a conclusion that with the current domestic economic growth more and more relying on the stimulation of the consumption desire,we should properly develop domestic luxury industry.Certainly,under the current circumstances of greater income differentiation,the consumer behavior of luxury goods still needs the government's correct guidance.