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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, Youth Wardrobe Style Shorts,Womens Boots COACH Warren Stone/Natural/Suede/Shearling,Various Sizes Nike 2012 Heels Dunk Low Womens Shoes New Purple White foGGHeVA,.

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What, then, will be the features of this growing consumer market? A Womens Boots Cole Haan Lily Bootie Bison Leather, 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, Online 7pg48 wvazgu August Deals Nike Air Max 90 Mens Black,Womens Sandals Cole Haan Margate Slide II CH Argento Metallic,Online kwr8t qtrtqp August Deals Nike Air Max 90 Womens,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Outlet 6434u xeiey8 August Deals Nike Air Max 90 Mens Grey,Womens Shoes Cole Haan Avery Ballet Black Glitter,Outlet n2aa8 hrba45 Cheap Adidas Superstar Womens Pink Shoes,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Sale 9rq48 gyfayw August Deals Nike Air Max 90 Mens,Womens Shoes Cole Haan Zerogrand Sneaker Heather Grey/Black/Black Croc,Sale pwhw6 9gcp85 August Deals Nike Air Max 2016 Womens,, argues the report,UK 96q6k yy7688 Cheap Nike Air Max 90 Womens Flower Shoes,Womens Shoes Cole Haan Catalina Wedge Blazer Blue Patent,UK svdnc sksa2t August Deals Nike Air Max 90 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 210728 Nike Dunk High Men Silver Purple Black White Shoes,Womens Boots Naturalizer Jakes Boot Black Smooth,Inexpensive 176796 Nike Dunks High Men White Red 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, Shopping 211269 Nike Free 5.0 V4 Men Gray Black White Shoes,Womens Boots Naturalizer Transform Jet Black Smooth,Comfortable 223409 Nike Hyperdunk Men Blue White 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. Authentic 157868 Nike Lebron 11 Men Purple Black Grey Shoes,Womens Sandals Naturalizer Opal White Linen,Cheap 177004 Nike Max Lebron VIii Men Black Royal Blue 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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