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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 Vans OTW LUDLOW SZ 10.5 CLASH OFF THE WALL VN 0ZUTFTM Blue White 18TI-7172 for Men,Men's Nike Air VaporMax Running Shoes Grey/White,Cheap supply Nike Size 11 Air Force 1 Low 'POLKA DOT' ( Pre Owned 7 10 Cond XQ04319 for Men,.

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What, then, will be the features of this growing consumer market? A Men's Nike Free TR FIT 5 Brthe Training Shoes Clearwater Black/Jade 704698-005, 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, Vogue Nike Air Zero Essential B Running Sneakers 876070-600 Black Red 42VC363 for Men,Men's Nike KD 7 "35000 Degrees" Basketball Shoes Bright Mango/Space Blue/Light Magnet Grey 653996-840,Welcomed Nike SB KOSTON MAX SZ 10.5 UNIVERSITY OMEGA Blue Red White 51BY269 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 TOMMY HILFIGER Style 75HW970 for Men,Men's Nike Kobe IX EM Low Basketball Shoes White/Lucid Green/Metallic Silver/Green 646701-300,Adidas Ultra Boost 3.0 Red Metal BA8927,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Authentic Air Jordan 1 Pinnacle White,Men's Nike Kyrie 1 Basketball Shoes Royal Blue/White 705277-418,Authentic Air Jordan XI 11 Tuxedos reverse concord low,, argues the report,Adidas Mens Basketball Shoes White,Men's Nike Kyrie 3 Basketball Shoes Royal Blue Gold Silver,Asics Mens Running Shoes Black/Flash Yellow/Flash,.

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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 EvoKnit Men Black,Men's Under Armour UA Stephen Curry Two Cool Grey PE Mid Basketball Shoes Grey Navy,Nike Chapter 3 Mercurial Vortex III CR7 FG Men's Green,, 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, 2015 Men's/Women's Nike Air Zoom Vomero 10 Running Shoes Blue Lagoon/Brigade Blue/Volt/Reflect Silver 717440-404,Men-Converse Andy Warhol CT AS Street Mid Sneakers Black/Charcoal/Peacock,Air Jordan 5 Retro Miami Grey Moon Pink Women's Shoe,.

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 Bling Casual Shoes White/metallic Gold G62845,Men-Nike Challenger Sneakers Blue Legend/White-Neutral Grey,Men's/Women's Adidas Springblade 3.0 Running Shoes Mint/Black/Rose,, 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 Lyte III "Hawaii State" Shoes Navy/Grey H424N-9090,Men-Reebok Gl 6000 Casual Sneakers Mulberry Red/Terra Red/Paperwhite/Black,Men's/Women's Asics Onitsuka Tiger Mexico 66 Shoes Beige/Navy,, 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 Fenty Puma by Rihanna Suede Creepers Shoes Red,Black Friday - 2007 NIKE AIR JORDAN 3 III RETRO LS COOL GREY RED SIZE 8.5 MENS,Men's/Women's Nike Air Max 90 Leather Running Shoes Black/Dark Grey-Sail-Metallic Hematite 768887-001,.

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About this Special Report

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