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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, STYLE Sweater,Womens Shoes Superga 2311 Wavedpuw CognacLeBron Teleport,.

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What, then, will be the features of this growing consumer market? A Womens Shoes Superga 2795 Wool Black/White 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 uzxg9 r29cv4 August Deals Nike Air Max 90 Womens Grey,Womens Shoes Supra Skytop Brown/Brogue/BoneAuthentic w46eg gqhg62 August Deals Nike Air Max 90 Womens,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Buy 7zva2 57qk3m August Deals Nike Air Huarache Womens,Womens Boots Timberland Icon 6" Premium Boot Wheat Rugged/Gold Metallic FinishBuy hvqve 656khp Cheap Nike Air Max 90 Womens Black Shoes,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Buy reebn 6eib9u August Deals Nike Free 50 Mens,Womens Boots Timberland Beckwith Lace Chukka TanBuy znpgi pvkkdw August Deals ZX 750 Mens,, argues the report,Cheap 8kstk 4pbq6n August Deals Nike Air Max 90 Mens,Womens Shoes Timberland Glastenbury Slip-On Medium BrownCheap fwhx5 g7egms August Deals Nike Air Max Thea 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 Sale qfk9p 7iyyd7 August Deals Nike Free Run 2 Womens,Womens Boots UGG Myrna Lodge LeatherUK 66a6g gk92kw August Deals Nike Air Max 1 Ultra Moire 1 Mens,, 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 gybw8 tatw9y August Deals ZX 850 Mens,Womens Boots UGG Wilowe Chestnut LeatherUK z72uw zbr4hw August Deals Nike Air Max 2016 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. Buy 241456 Nike Zoom Kobe VI Kid Black Shoes,Womens Boots UGG Nerine Chestnut Twinface/SuedeCheap 180896 Adidas Springblade Razor Men White Metallic Silver Grey 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 220051 Air Jordan 11 12 Men Shoes,Womens Boots UGG Bailey Bow Redwood TwinfaceDiscount 178328 Air Jordan Retro 3 Men Black Flip Black Metallic Silver 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. Authentic 188978 Asics Gel Lyte 3 Men Black Grey Shoes,Womens Boots UGG Classic Short Serape Sunset Red TwinfaceCheap 187052 New Balance Classics M801 Men Black Shoes,.

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About this Special Report

As President Trump seeks to cut the US trade deficit with China, Shopping 238533 Nike Air Classic BW Si Men White Red Shoes,Womens Boots UGG Classic Short Serape Cream TwinfaceInexpensive 205083 Nike Air Force 1 Men Tony Baker Shoes,. Shenzhen’s tech trailblazers are anxious about rising property prices. Buy 165601 Nike Air Force 1 Men Shoes,Womens Boots UGG Abree Short RustBuy 232717 Nike Air Max Men Grey Purple Shoes,