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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, Buy 200500 New Balance Mx20V3 Men Black Blue Shoes,Womens Shoes Superga 2095 Metallic Linen Natural,Cheap 184923 Nike Air Classic BW Si Men Black Red Shoes,.
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What, then, will be the features of this growing consumer market? A Womens Sandals UGG Fitchie Oyster 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, Authentic 174132 Nike Dunks Low SB Men Shoes,Womens Sandals UGG Ruby Seafoam Leather,Shopping 192381 Nike Free Run Men Red Black 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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