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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, Brilliant Nike Air Jordan VII 7 Retro - Marvin The Martian 304775-029 SZ 8.5 Black Green Red 30AX-6295 for Men,Men's Nike Free 3.0 V2 Shoes Black White,Buy cheap Air Jordan NEW Nike 12 Retro UNC WOLF MELO CAROLINA sz 18 Grey Blue 28FT-7096 for Men,.

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What, then, will be the features of this growing consumer market? A Men's Nike Kobe VIII Basketball Shoes Purple Gradient/Court Purple/White 584432-002, 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, Cost charm Air Jordan 2 Low - Chicago 57SW928 for Men,Men's Nike Kyrie 1 "Easter" Basketball Shoes Medium Berry/Metallic Silver/Hot Lava/Black 705277-508,Counter Genuine Air Jordan 14 MIDNIGHT GRAPHITE 14224261 for Men,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Sweetheart Air Jordan 7 Jordan 7 88493827 for Men,Men's Nike Kyrie 2 Basketball Shoes White/Urban Lilac/Bright Mango/Hyper Jade 826673-105,The hottest new trends Adidas { Alphabounce Running US Size 11 *NEW* Black 26075558 for Men,.

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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 Nike Mens Shoes Silver,Men's Under Armour UA Stephen Curry Three Father to Son Mid Basketball Shoes Purple Light Blue,Nike Mens Sneakers Reacer Blue/White/Omega Blue/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, Reebok Mens Training Shoes Navy Blue,Men-Converse CT AS Lean Ox Sneakers Parchment/Natural/White,Polo Ralph Lauren Mens Athletic-Inspired Black Heather Nylon/Sport Suede,.

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. Vans Atwood Mens Sneakers Grey,Men-New Balance ML565 Retro Sneakers Black/Orange,Cheap Adidas City Racer - Power Red / White / Core Black Footwear,, 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”. Low Price Reebok Lx 8500 Batik Blue / Faux Indigo / Flash Red / White / Black Footwear,Men-Nike Tri Fusion Run Sneakers Game Royal/White-Black,Low Price Adidas Rita Ora S-M-L - Core Black / Ftwr White Footwear,, 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. adidas Originals XPLR RK Men Green,Men-Puma Archive Lite EZ Sneakers High Risk Red-White,adidas Originals Tubular Invader Strap Shoes Men Black,.

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About this Special Report

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