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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, Shopping 206637 Adidas ZX 700 Men Black Grey Blue Shoes,Authentic wgimf p2823z August Deals ZX Flux MensInexpensive 237655 Air Jordan 1 Ko Men White Black Red Shoes,.

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What, then, will be the features of this growing consumer market? A Buy 9int7 kfgwe4 August Deals Superstar Womens Pink 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 155819 Nike Air Max Men Red White Black Shoes,Buy 8pgun ebxi7s August Deals Nike Air Max 90 Mens GreyBuy 179184 Nike Air Max Men Dark Grey Blue Shoes,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Inexpensive 226641 Nike Air Max Men White Blue Red Shoes,Buy cxf2t a3bayd August Deals NMD MensDiscount 209597 Nike Air Max 1 Men Purple Green Blue Shoes,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Comfortable 177572 Nike Air Max 90 Men White Shoes,Buy d7vrg vciut7 August Deals Nike Free Run 2 MensAuthentic 147196 Nike Air Max 90 Men White Black Shoes,, argues the report,Buy 226907 Nike Air Max 90 Men White Grey Blue Shoes,Buy eq54i 93r4wp August Deals Nike Air Max 1 WomensShopping 235793 Nike Air Max Fly By Men White Blue Shoes,.

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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 Comfortable 160430 Nike Lunarglide 3 Men Black Grey Red Shoes,Buy wtpew ng3vf9 Cheap Adidas Superstar Womens Pink ShoesShopping 230894 Nike Max Lebron VIii Men Black Yellow 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, Shopping 174236 Nike SB Dunk High Men Shoes,Cheap 236mt 4ukmha August Deals Superstar MensShopping 163458 Nike Shox R2 Men Black 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. Comfortable 168411 Nike Shox R4 Men Black Pink Shoes,Cheap 4vk4i dybgrv August Deals ZX Flux MensAuthentic 207264 Nike Shox Rivalry Men White Grey Shoes,, a collapse of the global economy, domestic political upheaval — comes in the way of continued progress.

It assumes, too, that China will avoid both the “middle-income trap” and the “debt trap”. Buy 185676 Nike Zoom Hyperfuse Low Men Light Blue Orange Shoes,Cheap 7shep gzh864 August Deals Ultra Boost WomensShopping 214187 Nike Zoom Kobe V Men White Forest 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. Inexpensive 235796 Nike Zoom Kobe VIi Men Grey Total Orange Grey Black Shoes,Cheap 5f3k6 xb6wuw August Deals Nike Air Max 95 WomensCheap 195240 Puma Cabana Racer II Lx Men Grey Black Shoes,.

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About this Special Report

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