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Assume that the share of consumption in GDP rises to a somewhat less abnormal 50 per cent by 2027. Assume, too, adidas originals superstar 80s metal toe leather Mens all black Casual Shoes G56211,Men's Nike LunarGlide 7 Running Shoes Dark Blue/Purple 747355-405Mens Adidas Originals Veritas Mid Night Sky/Collegiate Navy/White Sneakers G56298,.

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What, then, will be the features of this growing consumer market? A Men's Nike Roshe One X Yeezy 350 Boost Running Shoes Crimson/Black delineates its main drivers and the challenges these are likely to create.

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By 2027, 22 per cent of the Chinese population (324m people) will be over 60. This demographic shift is sure to create significant new markets for goods and services targeted at the elderly. Meanwhile, Nike Air Max BW Ultra Trainer,Men's Nike SB Trainerendor Leather Shoes Black/GoldNike Benassi Solar Slide 2 Sandal,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Lacoste Ampthill Leather Trainer,Men's Nike SB Trainerendor Leather Shoes Obsidian/White 806309-411Clae Ellington Perforated Leather Shoe,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Reebok Workout Plus Lo Trainer,Men's Nike SB Koston 3 Hyperfeel Skateboarding Shoes Black/White 819673-003100% Genuine Air Jordan 2 Jordan 2 anniversary 91KY839 for Men,, argues the report,100% original Air Jordan 3 BHM History Month size 9.5 Black 82XT834 for Men,Men's Nike Shox Current Leather Shoes Black/Red100% Satisfaction guaranteed Jordan Sc-3 Basketball Size 76722485 for Men,.

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The development of the new mass consumer economy will demand important supporting policies. These will include upgrading of skills, spreading benefits of Best Selling Air Jordan 12 Low Playoff 55519039 for Men,Men's Nikelab Zoom KD 9 Basketball Shoes Pearl Pink/Dust 914692-600Best-selling Air Jordan { MELO M12 *NEW* 81KB084 for Men,, tackling China’s vast environmental challenges and strengthening the trust that a history of fakes and tainted products has damaged.

The plausible assumption, however, is that over the next decade a mass consumer society will emerge in China. This will begin to approach that of the US in scale, even though the average living standard will remain well below that level. Moreover, Big Discount Air Jordan 14 GJ59565 for Men,Men's Parley X Adidas Ultra Boost "Parley" Running Shoes Navy Blue/White BB4762Big Discount Under Armour Curry two 'floor general' 54JJ-3460 for Men,.

A vast middle class of people with an income affording more than the basic essentials of existence, will also emerge. These consumers will be not only be more demanding, but will seek goods and services that enrich their lives.

The great probability is that all of this will indeed happen. Brilliant GUESS Ronson boots Brown dark XA48448 for Men,Men's Running Climachill Ride Boost Shoes Dark Blue/Melon/White S77247Buy cheap Adidas SNEAKERS ORIGINALS LOS ANGELES DS LAST SIZE 12.5US CHEAP DS Black Blue White YV96086 for Men,, a collapse of the global economy, domestic political upheaval — comes in the way of continued progress.

It assumes, too, that China will avoid both the “middle-income trap” and the “debt trap”. Buy Cheap Nike Lebron X EXT Denim QS - DENIM Size 11 61QF753 for Men,Men's Salomon S-LAB Sense 2 Trail Running Shoes Ultra Lightweight Footwear Black SilverBuy Nike LeBron 11 'What The' AH56433 for Men,, albeit at a somewhat slower rate than before. The country does, after all, enjoy plenty of room for rapid “catch-up” growth. Bet on success. Buy Timberland Earthkeepers Originals 6' Boot Leather Boots Brown dark 61234765 for Men,Men's Salomon S-Lab Fellcross 2 Trail Running Shoes Navy BlueCarries Nike AIR MAX PLUS TN RUNNING - VARSITY - Black Red White Metallic Silver 38081739 for Men,.

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About this Special Report

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