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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, Nike SB Dri-FIT Logo,Womens Sandals Calvin Klein Vivian Black,Kids Spider-Man Hoodie,.
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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 Shopping 192626 Adidas Skate Men Black White Shoes,Womens Shoes Clarks Delsie Bliss Light Grey Snake Nubuck,Buy 236053 Air Jordan 1 Men Dark Brown 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, Discount 177438 Air Jordan Retro 14 Men Black Red Shoes,Womens Shoes Clarks Haydn Pond Brown Leather,Authentic 199332 Asics Street Conbest Men Black Green 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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