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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, Jimmy Choo Pumps Women Coupon_805,Outlet cqsqq utkik2 August Deals Nike Air Max 1 Mens,Jimmy Choo Wedges Women Coupon_914,.
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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 Shoe Jordan Eclipse 724010-614,UK cbcye 4rkqz7 Cheap Adidas Superstar Womens Pink Shoes,Men's Shoe Nike Air Max 90 SneakerBoot 684714-002,.
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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 Flex Experience LTR White/White/White UK#N5-9469,Buy 193797 Nike Air Flightposite 1 Men Green Black Shoes,Nike Hayward Backpack CP85,.
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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