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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 5" Wildhorse,Womens Shoes COACH Steffi Warm Pewter Mirror Metallic,Nike F.C. Libero,.

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What, then, will be the features of this growing consumer market? A Womens Shoes Cole Haan Laurel Woven Moc Sequoia, 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 qsikz 5dfgrd August Deals Nike Roshe Run Womens,Womens Shoes Cole Haan Bethany Pump 65 Maple Sugar,Cheap 679qd gddbpq August Deals Ultra Boost Mens,.

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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 Inexpensive 178578 Nike Air Max Men White Blue Shoes,Womens Shoes GUESS Corben White,Authentic 205395 Nike Air Max Men Blue Black 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, Inexpensive 160956 Nike Air Max 90 Men White Black Shoes,Womens Boots Naturalizer Quimby Truffle Taupe Leather,Inexpensive 229362 Nike Air Max 90 Men Grey Black Red 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. Shopping 239851 Nike Air Max Ltd Men White Red Black Shoes,Womens Sandals Naturalizer Vail Turquoise Time Leather,Shopping 155703 Nike Air Max Tailwind 4 Men Grey White Red 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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