China's fashion market will grow twice times in the next 10 years

China's fashion market will grow by about twice times in the next 10 years, up to 1.3 trillion yuan in 2020, according to a study released yesterday by BCG.　　In the past 10 years, the market in China's fashion industry has increased by twice times to close to 400 billion yuan by the end of 2010. The next 10 years are an exciting time for fashion companies, the report said. The number of middle-class and affluent consumers will rise from the current 50 million to 140 million in 2020, and fashion is one of the most expensive categories of household upgrades.　　Compared with the mature market, China has the potential to become a more important fashion market, and in the next 5 years to occupy the global fashion market increase of 30%. According to the report, fashion is now the hottest category for Chinese consumers, so online retailing has a great chance of success in the future. The number of Chinese online shoppers is expected to increase from 145 million in 2010 to 329 million in 2015.