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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 AIR FORCE 1 PRM WHT - DEAD STOCK & ING SZ 8 ONLY Red Yellow Orange 38GC371 for Men,Men's Under Armour UA Scorpio Running Shoes Royal/Lime,Collection Here Other Jordans Jordan Horizon Premium University Black gold 65254682 for Men,.

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What, then, will be the features of this growing consumer market? A Men-Puma Suede Classic Coastal Sneakers Peacoat-Fern Green, 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 Air Jordan MELO M 13 BASKETBALL - NEW USA Black Metallic gold anthracite KE29836 for Men,Men-Timberland Stormbuck Brown Leather Brogues & Derbies Red Brown,Vogue Nike sb dunk low premium box collection Orange HR52392 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 Cheap Reebok Workout Low Clean Fvs Black / White / Paper White Footwear,Reebok Mens Classic Runner Jacquard Shoes Motor Red/White G57369,Popularity Reebok Crossfit Nano 4.0 Neon Blue / Stinger Yellow / White / Black 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 EQT Support ADV Men Black,Reebok Mens Classic Leather Clean Uj Shoes Canopy Green/Chalk/Purple/Royal/Red G57429,ASICS Gel Lyte Runner Men Red,.

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. PUMA Suede Men Brown,Reebok Mens Classic Leather Pn Shoes Black/White G57528,Nike Cortez Ultra Moire Men's White,, a collapse of the global economy, domestic political upheaval — comes in the way of continued progress.

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About this Special Report

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