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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, Wholesale Trade Nike Free Run 5.5 Mens Running Shoes Wool Skin For Winter 2013Yellow Grey M4SEGPmk,Womens Shoes Clarks Everlay Iris Black Leather,Authentic 787rw 685754 August Deals Nike Roshe Run Mens,.

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What, then, will be the features of this growing consumer market? A Womens Boots Cole Haan Garner Tall Boot Chestnut, 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 ymnmn 7sn5cu August Deals Nike Air Max Thea Mens,Womens Sandals Cole Haan Ravenna Wedge Maple Sugar,Outlet nsg4m 7b6vcd August Deals Superstar Mens Black,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Sale 69xfq xwhdgf August Deals Superstar Mens,Womens Shoes Cole Haan Bethany Pump 85 Black Leather,Sale pvrxs sitg7s August Deals Nike Air Max Thea Womens,.

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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 155984 Nike Free Run 2 Men Blue Black White Shoes,Womens Boots Hunter Original Back Adjustable Sunset/Tent Red,Discount 146154 Nike Free Tr Fit Men Blue White Gray 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, Cheap 157981 Nike Lunarglide Men White Black Blue Shoes,Womens Sandals Naturalizer Riley Saddle Tan Leather,Authentic 153621 Nike Shox Conundrum Men White Blue 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 231726 Nike Shox O Leven Men White Shoes,Womens Sandals Naturalizer Oxygen Camelot Leather/Cork Bottom,Buy 215174 Nike Shox R4 Men Black Yellow 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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