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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, Discount 215278 Adidas ZX 750 Men Navy Blue Grey White Shoes,Womens Shoes Superga 2311 Waved Tweed Black/Off White,Discount 147805 Air Jordan IX Retro Men White Black True Red Shoes,.
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What, then, will be the features of this growing consumer market? A Womens Boots UGG Bowen Black, 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, Shopping 192115 Nike Air Max Ltd II Men White Blue Shoes,Womens Shoes UGG Jacqueline Fresh Snow Suede,Discount 236157 Nike Blazer High Men Blue Fluorescent Green Shoes,.
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As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Authentic 230943 Nike Dunk Low Men White Metallic Gold Red Shoes,Womens Boots Vaneli Ramex Boot (Wide Shaft) T.Moro Nappa/T.Moro Super Star Suede,Cheap 168213 Nike Free 4.0 V2 Men Black Red White Shoes,, argues the report,Comfortable 217642 Nike Free Run 2 Men Charcoal Purple White Shoes,Womens Sandals Vaneli Welda Black Nappa/Jet Black Stones,Cheap 229540 Nike Free Trainer 3.0 Men Cream Shoes,.
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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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