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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, Cheap 157339 Nike Kobe 8 Men Purple Blackened Blue Purple Shoes,Comfortable 197690 Air Jordan Retro 6 Men Black Red Blue ShoesBuy 239056 Nike Lunar Rejuven8 Mid Men Brown Olives White Shoes,.

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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, Comfortable 168503 Nike Shox Rivalry Men Black Green Shoes,Inexpensive 242303 Air Jordan V.1 Retro Men Black Orange ShoesInexpensive 148912 Nike Zoom Kobe VI Men Grey Light Blue Shoes,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Inexpensive 181248 Onitsuka Tiger By Asics Mexico 66 Men Grey Navy Blue Shoes,Comfortable 238701 Lebron 11 Men Blue Pink Black ShoesAuthentic 235172 Puma Evospeed Men Black White Shoes,.

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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 Christian Louboutin Sale Women Coupon_456,Cheap 162601 New Balance Mr00 Men White Orange ShoesChristian Louboutin Sale Women Coupon_558,, 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, Christian Louboutin Sale Women Coupon_621,Inexpensive 207594 Nike Air Classic BW Si Men White Red ShoesJimmy Choo Bridal Women Coupon_753,.

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.

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