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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, Nike Tempo Rival,Womens Sandals COACH Alyssa Ivory/Ivory/Rubber/Vintage Floral,Italia Home & Away Shorts,.

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What, then, will be the features of this growing consumer market? A Womens Sandals Cole Haan Jillian Wedge Blazer Blue/Optic White Stripe Snake Print, 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, Buy qtsgy gnmrbn August Deals Nike Air Max 90 Womens Purple,Womens Shoes Cole Haan Corinne OT Pump Black Suede/Old Gold Metallic,Cheap 369zn e565ya 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 Buy 243514 Nike Air Max Men Grey Pink Shoes,Womens Shoes GUESS Babbitt Natural Fabric,Discount 166515 Nike Air Max Men Green Black White 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 234120 Nike Air Max 90 Men White Black Blue Shoes,Womens Boots Hunter Original Tour Gloss Umber,Inexpensive 190220 Nike Air Max 90 Men Red Black 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. Discount 218792 Nike Air Max Ltd Men White Black Shoes,Womens Boots Naturalizer Veracruz Black,Discount 172230 Nike Air Penny V Men Crimson Black 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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