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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, Nike AeroReact,Womens Sandals Clarks Alto Madi Beige Leather,Running NightCat Shorts,.

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What, then, will be the features of this growing consumer market? A Womens Boots COACH Urban Hiker Shearling Boots Black/Natural, 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, Buy zmsgh g5rwyk August Deals Nike Air Max 90 Womens,Womens Sandals COACH Cottage Canary Soft Vegan Leather,Cheap f8he3 twyqut August Deals ZX 750 Mens,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Cheap pp2yg 4rg68d August Deals Nike Air Huarache Mens,Womens Shoes COACH Ludlow Black Glitter/Black Suede,Discount ahg5n mxydd5 August Deals Ultra Boost Mens,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Discount p5ch5 sgy2ha August Deals Nike Air Presto Womens,Womens Shoes COACH Empire Black Star,Online 8fqhe x9wrw8 August Deals Nike Free 50 Womens,, argues the report,Online qedyh 8in994 August Deals Nike Air Max 90 Womens Red,Womens Shoes COACH Olive Bronze/Metallic Cross Grain Leather,Outlet 85t8y gaiabi August Deals ZX Flux Mens,.

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Crucially, UK wqray 7g65eq August Deals Nike Air Max 2016 Womens,Womens Shoes Cole Haan Magnolia Skimmer Sandstone Baby Haircalf,Shopping 207212 Adidas Skate Power Men Red Shoes,, all of them Chinese, seem likely to end up controlling the data created by this digitally-enabled, mass-consumer market. This can bring great benefits to consumers. But it will also create immense monopoly power. Cheap 214694 Air Jordan 14 Retro Men Black Blue Shoes,Womens Shoes Cole Haan Cary CH Argento Metallic,Shopping 199066 Air Jordan IX Retro Men White Blue Flint Grey Shoes,.

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Finally, Cheap 162601 New Balance Mr00 Men White Orange Shoes,Womens Shoes Cole Haan Pinch Grand Penny Zinfandel Perf,Cheap 241988 Nike Air Flightposite 1 Men Black Green Shoes,, according to the World Bank. Urbanisation could rise to 70 per cent by 2027 and then to the over 80 per cent normal in the advanced economies, with most of the new inhabitants moving to Tier 2 and Tier 3 cities and inland, Authentic 212734 Nike Air Force 1 Men Red White Red Shoes,Womens Boots ECCO Touch 15 Tall Boot Black/Black,Comfortable 239386 Nike Air Max Men Black White Shoes,.

The development of the new mass consumer economy will demand important supporting policies. These will include upgrading of skills, spreading benefits of Discount 146325 Nike Air Max 90 Men Black White Shoes,Womens Sandals ECCO Flash T-Strap Sandal Black,Cheap 171166 Nike Air Max 90 Men White Green Grey 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 156899 Nike Air Max Ltd Men White Gold Shoes,Womens Shoes ECCO Auckland Loafer Navajo Brown,Shopping 163207 Nike Air Penny 2 Men Black White 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. Inexpensive 238181 Nike Dunk High Men Blossom Shoes,Womens Shoes ECCO Golf Street EVO One Sport White/Candy,Inexpensive 188275 Nike Dunk Low Men Chocolate Anthracite Black Gold 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”. Comfortable 211639 Nike Free 3.0 V4 Men Blue Sliver Gray Shoes,Womens Sandals GUESS Guavva Tan 1,Authentic 182737 Nike Free Run 2 Men Gray Yellow 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. Discount 146154 Nike Free Tr Fit Men Blue White Gray Shoes,Womens Shoes GUESS Hotspot Blue,Buy 148374 Nike Lunarglide 2 Men Black Blue Green Shoes,.

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About this Special Report

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