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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, Womens Shoes New Balance Classics 515 - Polo Teal,Adidas F50 Adizero Fg Womens Lucky Blue/White/Night Flash Soccer Shoes V62556,Womens Shoes Nike Air Zoom Pegasus 32 Menta/Liquid Lime/Ghost Green/Black,.

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What, then, will be the features of this growing consumer market? A Nike Kids Air Max Stutter Step 2 University Red/Black/Cool Grey/White UK#N5-8747, 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, Womens Sandals UGG Mattie Navy Leather,Women's Nike Lunarglide 7 Chalk Blue/Racer Blue/Blue Tint/Black UK#N5-8868,Womens Boots Vaneli Rhun Black Laredo Calf/Ant Gunmetl Buckle,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Womens Sandals Vaneli Nelda Black Petro Patent,Mr Lacy Smallies Laces CP367,Womens Shoes Vaneli Akila Black Ecco Suede/Black Saffiano Royal 85,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Unisex Shoes Vans SK8-Hi MTE (MTE) Honey/Leather,Havaianas Infant Brasil Logo Flip Flop CP520,Hurley Phantom JJF II,, argues the report,Nike KO Fleece Pullover (Tennessee),Converse Infant Chuck Taylor All Star High Rubber Trainer CP493,Men's Regista Tech Elongated Tee,.

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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 Online i69zz 3r5imq August Deals Nike Air Max 90 Womens White,Nike Tech Fleece Short CP2174,Outlet 8iueq 89ht8v August Deals ZX Flux Womens,, 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, Outlet zgqnv 6kcb3u August Deals Nike Air Max 2016 Womens,adidas Originals Superstar Track Top CP3514,Sale mg7vg 67gx53 August Deals Yeezy 350 Boost Mens,.

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. UK dvqxm psra36 August Deals Nike Air Max 90 Womens,Farah Famous Hi Suede Shoe CP3741,Buy 151593 New Balance Kids KV696 Kid Silver Pink Shoes,, 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”. Comfortable 224953 Adidas Springblade Razor Men Camouflage Blue Shoes,Clae Ellington Leather Shoe CP3881,Comfortable 180939 Air Jordan Tc Men Obsidian White Grey Shoes,, 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. Cheap 225831 New Balance Classics Ml515 Men Grey Blue Shoes,adidas Originals ZX 8000 Boost Trainer CP4020,Shopping 202656 Nike Air Flightposite 1 Men Metallic Silver Crimson Black Shoes,.

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About this Special Report

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