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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, Best Selling Timberland Radford 7' Lace Up Boot - Grey 43159662 for Men,Nike Roshe One Print Black/Sail/Anthracite/Cool Grey Sports Shoes Mens G56876Best-selling Nike AIR JORDAN 5 RETRO DMP RAGING BULL SIZE 11 US Black Silver Light 41HT166 for Men,.

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What, then, will be the features of this growing consumer market? A Trainers Mens Nike Air Force 1 High University Red/Black G56929 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, Carries New Balance Freshfoam Gobi - Black White Light 66389361 for Men,Running Shoes Nike Roshe One Print Black/Black/Dark Grey/White Mens G56891Charms Nike NWB- Tennis Classic CS Suede Casual Retro Sz. 12 Black White 88PF-7042 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 They sold very well Nike Zoom All Out Low - Black White 23714343 for Men,Cruyff Agua Copa SlideTop fashion Vans Lindero 2 PRO UltraCush Classic Skate 11 Grey Navy 20958178 for Men,, 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, Various Sizes Converse CHUCK TAYLOR ALL STAR II HI SZ 8 PARCH CT White 52EW550 for Men,New Balance M530AC 'Summer Waves' TrainerVery cheap Jordan Reveal lifestyle casual sneakers NEW lagoon glow platinum Green Blue 68HR-6599 for Men,.

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.

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About this Special Report

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