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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, Inexpensive 179208 Nike Air Max 90 Vt Men Blue White Shoes,Womens Boots UGG Sumner Chestnut,Buy 189336 Nike Air Max Penny 1 Men Black Purple Right Mandarin Shoes,.
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What, then, will be the features of this growing consumer market? A Womens Sandals Vaneli Miriam Coral, delineates its main drivers and the challenges these are likely to create.
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, Inexpensive 241511 Nike Shox R4 Men White Red Shoes,Womens Sandals Vaneli Kinna Black Naif Print/Gunmetal Trims,Inexpensive 186624 Nike Zoom Hyperdunk Men White Red Black Shoes,.
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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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