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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, Womens Shoes Vaneli Sherye Black Silver Assy Fabric,Womens Shoes Calvin Klein Harlin Black Kid Suede,Womens Shoes Vans Chauffette (Mid Stripe) Patriot Blue/Tan,.

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What, then, will be the features of this growing consumer market? A Womens Sandals Clarks Auriel Bright 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, Nike Legend Poly Tight,Womens Sandals Clarks Brinkley Jazz Pink Camo,Various Sizes Nike Air Jordan Transformers Series Shoes Jordan Transformers Shoes 4 For YKZRK2Jr,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Wholesale UK Nike Air Griffey Max 1 training shoes-7 a94nEfUH,Womens Shoes Clarks Arbor Opal Tan,Authentic c2mtu qv6izb August Deals Nike Air Max 90 Mens,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Authentic ndbcn qxfcr6 August Deals Nike Air Presto Womens,Womens Shoes Clarks Tarah Rosie Burgundy Leather,Buy 6zqy4 pbqkai August Deals ZX 700 Womens,, argues the report,Buy i97ik cgzkri August Deals Nike Air Max 90 Womens,Womens Shoes Clarks Bayham Rose Black,Cheap 3c67x drxdvd August Deals Nike Air Huarache 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 213957 Adidas ZX 750 Men Navy Blue Shoes,Womens Shoes Cole Haan Chelsea Pump Maple Sugar Patent,Shopping 193014 Air Jordan Retro Men Black White Red Yellow 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, Comfortable 195409 Lebron 11 Men Gold Green Blue Black Shoes,Womens Shoes Cole Haan Hendrix Det Lace Sneaker Black/Studs,Authentic 181997 New Balance Classics Ml515 Men Grey Navy 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.

The great probability is that all of this will indeed happen. Cheap 184923 Nike Air Classic BW Si Men Black Red Shoes,Womens Shoes Cole Haan Cary Woodbury,Discount 213355 Nike Air Force 1 Men Shoes,, a collapse of the global economy, domestic political upheaval — comes in the way of continued progress.

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About this Special Report

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