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What, then, will be the features of this growing consumer market? A Womens Shoes UGG Cicily Tropical Sunset Leather, 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 208040 Nike Blazer High Men Brown Beige White Shoes,Womens Slippers UGG Dreams Black Sequin Skulls,Comfortable 207013 Nike Dunk High Men White Peach Yellow Shoes,.
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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 162968 Nike Free Run 3 Women Blue White Black Shoes,Football Track Suit,Adidas Bounce Titan 2013 Men Coupon_049,, 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, Adidas Porsche Design S3 Men Coupon_202,TW Velocity Max Woven Solid,Adidas Originals JS Women Coupon_317,.
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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