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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, Cheap 171879 Nike Air Max Men Black Orange Shoes,Nike Dri-FIT Flash,Comfortable 239386 Nike Air Max Men Black White Shoes,.

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What, then, will be the features of this growing consumer market? A Football Spirit II Training Sweater, 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, Cheap 158486 Nike Free 3.0 V2 Suede Men Brown Black Yellow Shoes,Nike Hydro,Comfortable 189580 Nike Free Run Men Red Black Shoes,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Discount 174288 Nike Hyperize Kobe Bryant Olympic Men White Red Black Shoes,Nike Matte Silicon Futura,Comfortable 223094 Nike Lebron 8 Men Black Pink Filament Green Shoes,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Shopping 155406 Nike Lunarglide Men Blue White Shoes,NikeCourt Gladiator 2-In-1,Discount 216452 Nike Lunarmax Men Black Shoes,, argues the report,Buy 200607 Nike Shox Conundrum Men White Purple Shoes,Men's Authentic Shorts,Discount 170176 Nike Shox R2 Men Black Pink Shoes,.

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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 Buy 231133 Nike Hyperdunk Women Purple White Shoes,Authentic 5rg6x 6p4qkp Cheap Adidas Superstar Womens Gold Shoes,Adidas Bounce Titan 2013 Men Coupon_043,, 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 Porsche Design S3 Men Coupon_202,Authentic a39c7 3ak39c August Deals Nike Air Max 90 Essential Mens,Adidas Springblade 2013 Women Coupon_332,.

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. Christian Louboutin Sale Women Coupon_467,Authentic faucm nyam3b August Deals NMD Womens,Christian Louboutin Sale Women Coupon_618,, 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”. Jimmy Choo heels Women Coupon_768,Authentic pxhty pgsgsy August Deals Nike Air Max 90 Womens Red,Jimmy Choo Wedges Women Coupon_917,, 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. New Balance Men Coupon_1078,Authentic sq2i8 cr9kr3 August Deals ZX Flux Womens,New Balance 574 Men Coupon_1217,.

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About this Special Report

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