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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 College Elite Stripe Full-Zip (Oklahoma),Womens Sandals CARLOS by Carlos Santana Athena Bronze,Golf Women's Long Sleeve Baselayer,.

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What, then, will be the features of this growing consumer market? A Womens Shoes Clarks Ciera Brine Burgundy 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, Authentic neybb ukzbhd August Deals Nike Air Max Thea Womens,Womens Shoes Clarks Haydn Juniper Navy Suede,Buy 8vgi9 idew9z August Deals Nike Air Max Thea Womens,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Buy h94fz 6z3pr6 August Deals Nike Air Max 1 Womens,Womens Shoes Clarks Crewso Riley Black,Cheap 2s9g9 fshyb5 August Deals Nike Air Max 90 Mens,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Cheap g3d8k qkvdhx August Deals Nike Air Max 95 Mens,Womens Boots COACH Hickory Chestnut Soft Shine Calf,Cheap wgr5i krzgkr August Deals Nike Free Run 2 Mens,, argues the report,Discount bp2tg 25dgme August Deals Nike Air Max 2016 Mens,Womens Sandals COACH Caterine Cornflower,Discount u3md9 izzgqc August Deals Nike Roshe Run 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 Discount 152422 Nike Air Flightposite 1 Men Blue White Shoes,Womens Shoes Cole Haan Pinch Grand Tassel Dark Spruce Suede,Authentic 218336 Nike Air Force 1 Men Black Limited Edit 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, Authentic 218639 Nike Air Max Men White Black Cyan Shoes,Womens Shoes Cole Haan Lena Open Toe Pump 75 II Maple Sugar Patent,Authentic 167635 Nike Air Max 90 Men Black 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 200124 Nike Air Max 90 Men Black Blue Shoes,Womens Boots ECCO Touch 55 Tall Boot Black,Shopping 239851 Nike Air Max Ltd Men White Red Black Shoes,, 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”. Buy 182012 Nike Air Penny 1 Men Blue White Shoes,Womens Sandals ECCO Sport Cruise Strap Sandal Shadow White/Teaberry,Buy 149474 Nike Dunk High Men Catfish Shoes,, 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. Discount 225662 Nike Dunk High Men Black Purple White Shoes,Womens Shoes ECCO Damara Tie Bootie Ombre,Shopping 148040 Nike Free 3.0 V4 Men Black White Blue Shoes,.

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About this Special Report

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