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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, Shopping 219795 Nike Air Max Jr Men Black Blue Shoes,Womens Boots UGG Analise Lodge Leather,Authentic 234221 Nike Air Max Press Men White Black Shoes,.
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What, then, will be the features of this growing consumer market? A Womens Sandals Vaneli Baina Red Ecco Nappa, 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, Cheap 187382 Nike Shox R4 Men White Shoes,Womens Shoes Vaneli Tidy Black Nappa Leather,Inexpensive 185767 Nike Zoom Hyperdunk Low Men Black White Treasure Blue 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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