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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, Classic Nike NEW Air Force 1 Low One Comet 315122-420 force 180 Black Blue 25DL-8728 for Men,Men's Under Armour UA Speedform? Apollo Vent Running Shoes Black Silver,Comfortable Adidas Yeezy Boost 350 V2 White Cream 17BH830 for Men,.

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What, then, will be the features of this growing consumer market? A Men-Puma Faas 300 v4 Sneakers Peacoat-Fluo Pink-Clematis Blue-White, 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 New Balance M575JWP 575 X JEFF STAPLE PIGEON NYC White 43FY451 for Men,Men-Timberland 2-Eye Classic Loafers & Boat Shoes Rootbeer Smooth,Weave Nike AIR DIAMOND TURF 'OREGON DUCKS' - ITEM 777-42 - IG SOLEDOUTJC 61GL570 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 Air Jordan 10 Air Jordan Retro 10 Double Nickel size 9 BRAND NEW 90407223 for Men,Black Friday - 2006 Nike Air Jordan Retro 7 VII CITRUS sz 7.5 varsity red orange hare flint 11,With good start Nike 2005 PAUL RODRIGUEZ ZOOM AIR ELITE 'FUTURA' Grey White 76323350 for Men,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Adidas NMD R1 PK Khaki BY1912,Discount Nike Shoes - 2016 Nike Air Jordan 1 Retro High OG SZ 11.5 White Black Yin Yang Red 555088-1,Air Jordan 5 Blue Suede,, argues the report,Authentic Air Jordan 4 Columbia GS,Factory Price - DS NIKE AIR JORDAN 4 IV 11LAB4 RETRO BLACK WHITE PATENT LEATHER Sz 9,Nike Air Jordan 1 Rare Air orange/white 332550-800,.

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Finally, Skechers Mens Sneakers Navy,Weekend Discount - Nike Air Jordan 10 Powder Blue Black 2014 Basketball Shoes Size 8,Supra Mens Shoes Black,, according to the World Bank. Urbanisation could rise to 70 per cent by 2027 and then to the over 80 per cent normal in the advanced economies, with most of the new inhabitants moving to Tier 2 and Tier 3 cities and inland, Wesc Mens Low-Top Trainers White,Reebok Mens Royal Classic Jogger 2hs Shoes Tin Grey/Shark/Navy/Green/White/Black/Gold G57273,Perfect Adidas Isolation 2.0 - Grey / White / Onix Footwear,.

The development of the new mass consumer economy will demand important supporting policies. These will include upgrading of skills, spreading benefits of Popularity Reebok Ventilator Pop Black / Flat Grey / White / California Blue Footwear,Reebok Mens Ex-o-fit Clean Logo Int Shoes White/Royal Blue G57328,Checkout Reebok Crossfit Nano 4.0 Ultima Purple / Portrait Purple Footwear,, 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, adidas Originals Los Angeles Men Black,Reebok Mens Club C 85 Hof Shoes White/Paper White G57440,Converse All Star Ox Monochrome Men White,.

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. Reebok Classic Slide Men Green,Reebok Mens Crossfit Nano 5.0 Shoes Opal/Steel/Coal/Black/Shark G57540,Nike Cortez Ultra Moire Men's Black,, 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”. 2013 Women's Nike Roshe One High Anti Fur Waterproof Running Shoes Red White,Reebok Mens Crossfit Lifter Plus 2.0 Shoes Solar Green/Bright Green/Black G57649,305869-107 Air Jordan 18 Original OG Women Black Blue A24004,, 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 Adidas Originals Neighborhood Boston Super OG Shoes Black/Red/White,Mens Adidas Hamburg Suede Orange / White Casual Shoes G56265,Men's/Women's Adidas Originals Superstar Slip On Trainer Camo,.

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About this Special Report

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