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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, Cheap 36h68 kaqa35 Cheap Nike Air Max 90 Womens Grey Shoes,Men's Dame Floral TeeCheap 7v5k2 ggnxpx August Deals Nike Air Max Zero Womens,.

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What, then, will be the features of this growing consumer market? A Hurley Phantom Hyperweave 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, Online sundf udr4sm August Deals Nike Air Max 2015 Womens,Hurley Phantom Solid BeachriderOutlet 4u28e kgptpv August Deals Nike Air Max Thea Womens,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Outlet gcxbs d5mg56 August Deals Nike Air Max 90 Womens Blue,Hurley Phantom Clark LittleOutlet q6xgb awcb6s August Deals Nike Air Max 90 Essential Womens,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Sale 2sti2 vk6997 August Deals Nike Air Max 90 Womens Blue,Ferrari Knit CardiganSale bd3xm b8gngz August Deals Superstar Womens Black,, argues the report,Sale hn2r6 73merx August Deals Nike Air Max Zero Womens,Nike Dri-FIT Sport Essentials HeatherSale s9wge shg5a3 August Deals Nike Air Max 2016 Mens,.

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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 Discount 158605 Nike Air Force 1 Men Black Red Metallic Silver Shoes,Air Jordan FleeceBuy 153850 Nike Air Max Men Black Purple 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 179539 Nike Air Max Men White Red Black Shoes,LeBron Therma-FIT Full-ZipCheap 158926 Nike Air Max Men Yellow 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. Cheap 238395 Nike Air Max 1 Men White Brown Shoes,Evolution JacketComfortable 202546 Nike Air Max 90 Men Red White Shoes,, a collapse of the global economy, domestic political upheaval — comes in the way of continued progress.

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About this Special Report

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