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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, Wholesale UK Nike Air Griffey Max 1 training shoes-3 Olrs4Uzr,Womens Shoes Cole Haan Fair Haven Pump Marlin Blue Suede,Authentic 6mgwy c8uw8r August Deals Superstar Mens Black,.

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What, then, will be the features of this growing consumer market? A Womens Boots GUESS Mallay Black 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, Online qdmec hrpvyx August Deals Nike Air Max 90 Mens,Womens Shoes GUESS Etten Gold Glitter,Outlet 57cs8 fpirfp August Deals Nike Air Presto Womens,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Outlet n2aa8 hrba45 Cheap Adidas Superstar Womens Pink Shoes,Womens Shoes GUESS Hazzel Natural Patent,Sale 74kz7 mw62d9 August Deals Nike Free 50 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 Cheap 197194 Nike Dunk High Men Red Metallic Gold Shoes,Womens Shoes Nike Free 5.0 V4 White/White/Black,Buy 174557 Nike Dunk Mid Premium SB Men 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, Buy 211600 Nike Free 3.0 V5 Men Gray White Shoes,Womens Shoes Nike Flex Experience Run 4 Midnight Navy/Obsidian/Fuchsia Flash/Fuchsia Glow,Shopping 170007 Nike Free Run 3 Men Grey Orange White 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.

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About this Special Report

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