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What, then, will be the features of this growing consumer market? A Womens Shoes Superga 2311 Linu Light Grey 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 g9its hxdva2 August Deals Nike Air Presto Womens,Womens Shoes Superga The Man Repeller x Superga - 2750 Satinw Demin BlueAuthentic piabg rcbkt9 Cheap Nike Air Max 90 Womens Black 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 Sale it74s mstuft August Deals Nike Air Max 90 Mens Grey,Womens Boots UGG Damien Lodge LeatherSale sucux 7xct8q August Deals Nike Air Max 1 Womens,, 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, UK 6xy7k 64huv3 August Deals Nike Air Max 90 Mens,Womens Boots UGG Chaney JavaUK nrgeg 9fhfzp August Deals Nike Roshe Run Womens,.

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. Cheap 162837 Air Jordan 11 Bred Kid Black White Red Shoes,Womens Boots UGG Daphne Sugar Pine SuedeInexpensive 194577 Adidas Match Play Mid Casual Men Navy Blue 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”. Shopping 230894 Adidas Springblade Razor Men Black Blue Silver Shoes,Womens Boots UGG Cassis Lodge LeatherCheap 180609 Air Jordan VI Retro Men Black White Blue 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. Inexpensive 172417 Air Jordan IX Retro Men Black Dark Charcoal True Red Shoes,Womens Boots UGG Bailey Mariko Wild Grass/TwinfaceInexpensive 181217 Air Jordan XII Retro Men White Flint Grey Shoes,.

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About this Special Report

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