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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 price Nike DUNK HIGH PRO SB TWEED SZ 11 TWEED CON 9 10 NO BOX WG56459 for Men,Men's Nike Air Max Thea Print Natural Running Shoes Royal Blue White Grey Red,Cheap supply Air Jordan 7 Sz 10 DS French Blue BF31323 for Men,.

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What, then, will be the features of this growing consumer market? A Men's Nike Free 5.0 2014 Shoes Orange/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, Vintage Polo Ranger Hi Crib Style # 17282612 for Men,Men's Nike Free OG 2014 BR Mesh Shoes Black/Silver,Welcomed Nike Kobe XI 11 Horse Red White GB42564 for Men,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Wholesale Visvim Laramie-Folk Multi Peace Sign 8.5 00 fbt 1 vibram 87WS458 for Men,Men's Nike KD 8 EP Basketball Shoes Photo Blue/Royal Blue 749375-712,Adidas Pure Boost Y3 Yamamoto,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Authentic Adidas NMD Runner Pk Ultra Boost Shoes,Men's Nike Kobe IX EM Low Basketball Shoes Pruple/Volt Green 653972-605,Authentic Air Jordan 6 Retro GS shoes,, argues the report,Vans SK8-Hi 38 REISSUE,Men's Nike Kyrie 1 Basketball Shoes Bright Orange/Black 705277-676,Altra Mens Running Shoes White/Blue,.

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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 PUMA Ignite Limitless Men Blue,Men's Under Armour UA Stephen Curry One Championship Mid Basketball Shoes Black/Yellow,Nike Dunk Hi Men's White,, 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, 2013 Men's/Women's Nike Roshe One Mesh Running Shoes Gray Mint,Men's Under Armour UA Stephen Curry Two Mid Basketball Shoes White/Black,Air Jordan 7 (VII) Retro Easter Egg Womens Basketball Shoes White/Grey/Mint,.

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. Men's/Women's Adidas Originals Superstar 2 "Phoenix Grain" Casual Shoes Metallic Gold/Black-White G63095,Men-New Balance ML373 Retro Sneakers Grey/Red,Men's/Women's Adidas Originals ZX 850 Shoes White/Samba Blue D65236,, 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”. Men's/Women's Asics Gel Atena RF Running Shoes Grey White,Men-Nike Air Zoom Pegasus 32 Sneakers Game Royal/White/Bright Crimson,Men's/Women's Asics Onitsuka Tiger Mexico 66 Shoes Beige/Green/Red HL202-1684,, 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. Men's/Women's New Balance 373 Classic Retro Running Shoes Bright Crimson/Black ML373SRR,Men-Timberland Newmarket Fulk Plain Toe Oxford Sneakers Black,Men's/Women's Nike Air Max 90 Essential Running Shoes Leopard Black Metallic Gold,.

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About this Special Report

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