Chinese Wedding Industry Worth $200 Billion
Submitted by Bill Belew on Monday, 10 September 2007No Comment
Chinese spend on average $15k+ on their weddings making the wedding industry worth about $200 billion.
The wedding involves:
1. taking pictures
2. buying jewelry
3. renting wedding dresseselp foot the bill.
4. giving wedding feasts
5. decorating rooms
6. going on a honeymoon
add to that
7. buying furniture
8. setting up the household
The housing portion - $22K+ish.
With an average monthly income for a young couple of $900ish, the couple starts by spending 4 years of total income on their wedding.
So, where does the money come from? 81.6% say mom and dad h
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