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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, Crew-Neck Sweater,Womens Sandals Clarks Helio Float 4 Blue Suede,NikeCourt 9" Gladiator Premium Breathe,.

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What, then, will be the features of this growing consumer market? A Womens Sandals COACH Judy Black/Brown/Denim, 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, Discount 8xy6p 4pyi4x August Deals Nike Air Max 2016 Mens,Womens Shoes COACH Chrissy White,Discount m5i8s x5frm6 August Deals Nike Blazer Low Mens,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Online 54skf 3b5ygg August Deals Nike Air Max 90 Essential Mens,Womens Shoes COACH Bowery Stone/Stone Lamb Skin/Patent,Online mhbzs 5ggsi5 August Deals ZX Flux Mens,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Outlet 6zn6p wzcegc August Deals Nike Air Max Zero Womens,Womens Boots Cole Haan Tali Luxe Boot 40 Black Suede,Outlet re9d6 d77q6v August Deals Nike Blazer Mens,, argues the report,Sale 6v4s6 38e9gm August Deals Nike Air Max 1 Womens,Womens Sandals Cole Haan Cameron Sandal Sequoia,Sale m78hy cmyg9u August Deals Nike Air Max 90 Mens Black,.

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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 168213 Nike Air Max Tailwind 4 Men Grey Orange Black Shoes,Womens Shoes ECCO Sport Biom Ultra Quest Plus Dark Shadow/Dark Shadow/Coral,Discount 193987 Nike Dunk High Men White Black 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, Discount 176426 Nike Dunk High Men Shoes,Womens Shoes GUESS Carnney Silver Fabric,Discount 204564 Nike Flyknit Roshe Run Men 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. Comfortable 237392 Nike Free Run Men Black Gold Shoes,Womens Shoes GUESS Hotspot Red,Cheap 171928 Nike Kd VI Men Shoes,, a collapse of the global economy, domestic political upheaval — comes in the way of continued progress.

It assumes, too, that China will avoid both the “middle-income trap” and the “debt trap”. Authentic 180380 Nike Lunarglide 2 Men Black Blue Green Shoes,Womens Boots Hunter Original Tour Gloss Umber,Authentic 239031 Nike Roshe Run Men Navy Blue Blue White Shoes,, albeit at a somewhat slower rate than before. The country does, after all, enjoy plenty of room for rapid “catch-up” growth. Bet on success. Comfortable 214067 Nike Shox O Leven Men Black White Shoes,Womens Boots Naturalizer Blake Black Leather/Printed Snake,Cheap 172001 Nike Shox R4 Men White Blue Shoes,.

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About this Special Report

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