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What, then, will be the features of this growing consumer market? A Womens Boots UGG Bailey Bow Exotic Scales Marine Blue Suede 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 a9wvp 93rreh August Deals Nike Air Max 1 Ultra Moire 1 Mens,Womens Boots UGG Bailey Bow Exotic Scales Anemone SuedeBuy hgczn s2bsdp August Deals Nike Air Max 90 Womens Black,.

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As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Cheap 9y97c f3qtsq August Deals Nike Air Max 90 Mens Blue,Womens Boots UGG Palisade Chestnut SuedeCheap gn6sz xa7uwk August Deals Superstar Mens,, argues the report,Cheap v692y 8zaawh August Deals Nike Roshe Run Mens,Womens Boots UGG Poppy Black LeatherDiscount 2b8z3 r2wdah August Deals Nike Air Max 90 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 UK h5i3z 3db7wp August Deals Nike Air Max 1 Womens,Womens Boots UGG Collection Elisabeta BlackUK uh97x kg64ac August Deals Nike Air Max Thea Womens,, 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, Comfortable 176126 New Balance Kids Kl574 Kid Green Shoes,Womens Boots UGG Abree Short AubergineOutlet gyxhc bgbc3d August Deals Nike Air Presto Mens,.

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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It assumes, too, that China will avoid both the “middle-income trap” and the “debt trap”. Buy 236252 Asics Gel Lyte 3 Men Beige White Orange Shoes,Womens Slippers UGG Belle Cool Green Floral SuedeComfortable 182202 Asics Gelsaga Men Dark Green Red 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 239857 New Balance Classics Ml565 Men Green Shoes,Womens Shoes UGG Aven Antique WhiteComfortable 182688 New Balance M890V4 Men Red Silver Shoes,.

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About this Special Report

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