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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, Womens Slippers UGG Dakota Flora Perf Navy Water Resistant Suede,Womens Sandals Aerosoles Base Board Bone,Womens Sandals Vaneli Martey Platino Met Nappa/Gold Buckle,.

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What, then, will be the features of this growing consumer market? A Womens Shoes Anne Klein Falicia Grey Leather, 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, Nike Pro Classic Padded Graphic,Womens Shoes Anne Klein Thyra Natural Leather,Jordan Wings,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Women's Daybreaker Hoodie,Womens Shoes Badgley Mischka Jenie Black Satin/Patent,Various Sizes 2017/18 Nike Air Yeezy II 2 Sp Max 90 The Devil Series Trainers Velcro All White Yellow West Mens Shoes fVGsfva4,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Wholesale UK 2013 Nike Lebron X 10 Mens Sneakers Shoes New Black Purple 8W0xKI8e,Womens Shoes Badgley Mischka Pearson Indigo Navy Satin,Authentic c8mga yb8kki Cheap Nike Air Max 90 Womens Shoes,, argues the report,Authentic hpc6m z43ex9 August Deals ZX 700 Mens,Womens Sandals C Label Binky-7 Black,Buy 4v5e4 5b2p9w August Deals Nike Air Max 95 Womens,.

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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 Authentic 152572 Adidas Skate Core Men Black Shoes,Womens Boots Clarks Spye Belle Brown Leather,Buy 168803 Air Jordan 6 Men White Blue Black Shoes,, 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, Discount 198381 Asics Gel Kinsei 4 Men Orange Navy Blue Fluorescent Green Shoes,Womens Boots Clarks Kearns Flame Burgundy,Inexpensive 172594 New Balance Classics M574 Men Blue Yellow Shoes,.

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. Comfortable 190363 Nike Air Classic BW Si Men Brown Orange Shoes,Womens Sandals Clarks Brinkley Jazz Grey,Shopping 178374 Nike Air Force 1 Men Shoes,, 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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