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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, Cost charm Air Jordan 5 2015 Nike Air Jordan V Low Knicks Blue Orange Navy 64SM-4985 for Men,Men-Converse Jack Purcell LTT Ox Sneakers Malt/Burnt Umber/White,Counter Genuine Nike KD VII 7 Cave Hyper Grape Kevin Durant SZ 11 ( 6 Purple 90BE655 for Men,.

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What, then, will be the features of this growing consumer market? A Discount Nike Shoes - 2016 Nike Air Jordan 1 Retro High OG SZ 11.5 White Black Yin Yang Red 555088-1, 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, Adidas Ultra Boost 3.0 Triple White BA8841,Factory Price - DS Nike Air Jordan 6 VI Sz 11 Retro Pinnacle (Metallic Gold/White) 854271-730,Air Jordan 2 Just Don Beach,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Authentic Air Jordan 13 Carmelo Anthony Golden Nuggets PE,Factory Price - NEW MEN'S NIKE AIR JORDAN RETRO 5 HORNETS SHOES SIZE 13 GIFT,Nike Air Foamposite One Olympic,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Adidas Mens Originals Shoes White,Latest Products - New Nike Air Jordan 13 XIII Retro Hologram Barons Wolf Grey 414571-115 sz 13.5,Asics Mens Running Shoes Silver/Electric Blue/Black,, argues the report,Mens Lace-Ups Brown - Braun (Tobacco Leather),Latest Products - Nike Air Jordan 1 High Top 3 Top Three 555088-026 IN HAND READY TO SHIP Size 13,Ecco Mens Hiking Boots Coffee Pull Up/Nubuck,.

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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 Netfit Men Blue,Adidas Gazelle 2 Retro True Blue / Turqe-Run White Trainers Mens G56174,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, 2013 Women's Nike Roshe One Low Anti Fur Waterproof Running Shoes Mint White,Mens Adidas Originals Dragon Light blue Gray Running Shoes Hot Sale G56267,312255-061 Air Jordan 4 Retro Womens Laser Black Red Medium Grey A24014,.

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 NMD High Top Shoes Black/Red AQ4498,New Balance 574 Mens Running Shoes Black/Teal G56402,Men's/Women's Adidas Originals Superstar Slip On Trainer White,, 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 11 XI Black Velvet Basketball Shoes Black/White/Gold,Nike Air Force 1 Low Mens Black/Black/Black Shoes G56614,Men's/Women's Asics Gel Lyte V "Salmon Toe" Shoes Orange Blue H32EK-3621,, 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 Asics Onitsuka Tiger Mexico 66 Shoes White/Black D620N-0190,Nike Air Max 2014 Trainers Mens White/Black G56725,Men's/Women's New Balance 990 Spanish Flag Shoes Crimson/Yellow,.

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About this Special Report

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