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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 Puma Suede Classic Gf Suede Lace Up Sneakers Black Metallic dark gold 48689199 for Men,Men's Nike Air Zoom Pegasus 33 Running Shoes Dark Blue/Light Blue,Cheap supply Nike Zoom Turf Jet 97 Yellow 94UM392 for Men,.

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What, then, will be the features of this growing consumer market? A Men's Nike KD 6 MVP Basketball Shoes White/Black/Yellow/Orange 646742-501, 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 Air Jordan 4 Retro 'Columbia' 'Legend ' Size 10.5 Black Blue White 91TI764 for Men,Men's Nike KD Trey 5 III EP Basketball Shoes Court Purple/Green/Strike-Crimson 749378-536,Welcomed Nike Air Jordan 12 Retro CNY Style # 881427-122 Size 8.5 OC73155 for Men,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, With good start Adidas NMD XR1 PK W Primeknit Maroon EU17611 for Men,Men's Nike Kobe X Basketball Shoes Black/Bright Crimson/Metallic Gold 705317-060,Adidas Ultra Boost 3.0 Olive BA7748,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Air Max 97 UNDFTD Black,Men's Nike Kyrie 1 Basketball Shoes Game Blue/Fluorescent Green,Authentic Air Jordan 6 Doernbecher,, argues the report,Y-3 Pure Boost ZG Knit Black AQ5729,Men's Nike Kyrie 3 Pe Mid Basketball Shoes University Red/Black-Team Red 852395-600,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 New Balance 005 Men Blue,Men's Under Armour UA Stephen Curry Two Mid Basketball Shoes Blue,Nike Air Max 90 Ultra 2.0 SE Men's Black,, 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 Low Anti Fur Waterproof Running Shoes Coal Gray Lake Blue,Men-New Balance ML373 Retro Sneakers Grey/Red,313038-162 Air Jordan 18 Original OG White Women Pink A24015,.

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 Stan Smith Shoes Running White Ftw/Running White/Fairway M20324,Men-Nike Dual Fusion Run 3 Msl Prm Sneakers Black/Metallic Silver-Dark Grey-Light Retro,Men's/Women's Adidas Originals Yeezy 750 Boost Shoes Black/Black BB1839,, 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 Air Jordan XXXI High Basketball Shoes Black/Cool Grey/Red,Men-Timberland Newmarket Chukka Boots Brown,Men's/Women's Asics Gel Saga "Rare" Shoes Black White Red H40TQ,, 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 Mita "Trico" X Asics Gel Lyte V Running Shoes Navy/Royal Blue H60SJ-5042,Black Friday - 2010 Nike Air Jordan XIII 13 Retro PREMIO BIN 23 TEAM RED DESERT CLAY WHITE 9,Men's/Women's Nike Air Max 90 Anti Fur Shoes Black/Grey/Yellow,.

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About this Special Report

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