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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, Nike Roshe One Womens Black/Brigade Blue/Anthracite/Coolt Grey Running Shoes V14352,Cheap 245321 Nike Zoom Hyperfuse Men Green Black White Shoes,Men's Nike Flex Experience RN 4 Prem Anthracite/White/White UK#N5-9093,.
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What, then, will be the features of this growing consumer market? A Comfortable 219088 Air Jordan 6 Retro Women White Black Shoes, delineates its main drivers and the challenges these are likely to create.
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, Henri Lloyd Brixham Swim Short CP2315,Comfortable 153972 New Balance Classics Wl515 Women Blue Pink Shoes,Timberland 6 Inch Premium Woven Collar Boot CP3784,.
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As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Converse Chuck Taylor All Star Brea Leather Trainer CP4298,Authentic 147808 New Balance W890V4 Women Grey Pink Shoes,Gourmet 35 Lite Cork LX Trainer CP4462,, argues the report,Nike Zoom Stefan Janoski Trainer CP4619,Cheap 171955 Nike Air Max 90 Women Yellow Shoes,Nike Air Jordan 8 Retro Trainer CP4784,.
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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, Womens Shoes Clarks Tarah Sofia Purple Grey Patent,Christian Louboutin Sale Women Coupon_453,Womens Boots COACH Gillian Chestnut Vegan Leather,.
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. Womens Shoes COACH Seneca Black,Christian Louboutin Sale Women Coupon_568,Womens Boots Cole Haan Cassidy Tall Boot Black Suede,, a collapse of the global economy, domestic political upheaval — comes in the way of continued progress.
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