Qingdao has been recognized as lucky number 8th place on a list of China’s 10 Most Luxurious Cities. While such lists may lack a certain depth and perspective, it has to be admitted that in China, Qingdao really stands out as one of the richer cities. One of the old school Special Economic Zones designated to power the economy of coastal China, Qingdao has surpassed any Chinese economist’s post 80’s wildest dreams and can now truly be called ritzy.
Check out all the luxury brands at Hisense Plaza, including what is probably China’s favorite brand Louis Vuitton, and the almost equally as revered Gucci, Prada, Cartier and Rolex. Need a Bentley, Porsche, Ferrari, or Maserati? Dealerships for these trophy autos can be found around Qingdao. Urban legend has it that soon after the Bentley showroom opened in the Crowne Plaza on Hong Kong Middle Rd, a man with (too much) money bought 2 cars as a wedding gift on a whim. Check out “The Most Luxury Wedding in China” which recently took place in Qingdao for a supposed cost of over a billion yuan.
With the Port of Qingdao one of China’s busiest and biggest, and the concomitant shippers and logistics companies, with all the foreign trade companies and manufacturers of huge scale (including multinationals like Haier, Hisense, Nike, IKEA, Lucent Alcatel, Caterpillar), there’s some real redbucks floating around town. So it’s not a huge surprise to see that Qingdao was rated tops for luxury in China. In fact, luxury lifestyle vendors like Louis Vuitton are reaping great benefits from the growth of markets in cities like Qingdao in the 21st century. Brand names in China are poised to keep growing as more people become increasingly wealthy, following Deng Xiaoping’s (possibly apocryphal) directive to get rich. Luxury consumers of the world, unite.
Check out the full list of China’s 10 Most Luxurious Cities: