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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, Giuseppe Zanotti Sale Women Coupon_647,Online gugsa cu9smf August Deals Nike Air Max 1 Womens,Jimmy Choo heels Women Coupon_776,.
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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, Men's Running Shoe Nike LunarGlide 7 747355-404,Sale gqshn 46cfyf Cheap Adidas Superstar Womens Shoes,Men's Shoe Jordan Reveal 834064-020,.
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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, Nike Kids Benassi JDI Print Black/Light Green Spark/Volt UK#N5-9609,Shopping 188770 New Balance Kids Ke410 Kid Dark Grey Pink Shoes,Women's Nike Zoom Fly 2 Chalk Blue/Racer Blue/Black UK#N5-9554,.
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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