Luxury is a life style, it has nothing to do with the luxury expenditure.

奢侈品是一种生活的态度，没有什么东西能与奢侈的消费有关系。

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It is estimated by the foreign authority that the percent of Chinese luxury expenditure will keep increasing at 20% per year till 2015.

据国外权威机构估算，直到2015年，中国的奢侈品消费还将以每年20%的速度增长。

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Excluding tourist flows, luxury expenditure in emerging markets may rise to 40 percent of the total from 23 percent in the same period, Solca estimates.

在旅游消费中，奢侈品开支在新兴市场将从23%同比升到40%。

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