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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, Comfortable 192858 Asics Gelnoosa Tri 7 Men Navy Blue Fluorescent Green Shoes,Womens Boots Rocket Dog Teagan Brown Ragtag/Matterhorn,Comfortable 152220 New Balance Classics Ml515 Men Blue Orange Shoes,.
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What, then, will be the features of this growing consumer market? A Womens Shoes Sam Edelman Ocie Black Modena Calf Leather/Kid Suede Leather, delineates its main drivers and the challenges these are likely to create.
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, Shopping 190620 Nike Dunk High Men Daffy Duck Shoes,Womens Shoes Saucony Guide 8 Blue/Navy/Coral,Discount 204564 Nike Flyknit Roshe Run Men Shoes,.
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As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Authentic 182807 Nike Lebron 8 V2 Men Shoes,Womens Shoes Supra Wrap Black/Pattern/White,Shopping 167867 Nike Lunarmax Men Black Jade Shoes,, argues the report,Shopping 149077 Nike Shox Nz Men Black Purple Shoes,Womens Shoes Timberland Earthkeepers Ellsworth Ballerina Navy Full Grain,Shopping 240701 Nike Shox Qualify Men Grey Pink Shoes,.
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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, Jimmy Choo Pumps Women Coupon_792,Womens Shoes Vaneli Ileane Amaranto (Red) Asiago Suede,New Balance Men Coupon_1010,.
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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