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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, Discount 190106 Nike Air Flightposite 1 Men Black Shoes,Womens Shoes Sam Edelman Bev Black/Camel,Comfortable 166207 Nike Air Force 1 Men Shoes,.
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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, Authentic 189006 Nike Free Run 3 Men Grey White Black Shoes,Womens Boots UGG Danae Lodge Leather,Comfortable 235298 Nike Lebron 10 Men Seaweed Green Shoes,.
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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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