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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, Inexpensive 210059 Lebron 11 Men Brown Black Green Shoes,Wholesale Trade Adidas Adicolor Forum Lo Shoes Men Gray Green HgFS60xXComfortable 192207 New Balance Classics M996 Men Tan Shoes,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Shopping 188770 New Balance Kids Ke410 Kid Dark Grey Pink Shoes,Wholesale Trade 2017/18 Nike Womens Basketball Sneakers Lebron 13 Navy Blue Silver 2VdRxbI7Authentic 148132 Nike Air Classic BW Si Men Black Grey 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 Inexpensive 236787 Nike Free 4.0 Flyknit Men Grey Blue Shoes,Authentic azeg8 78mp4t August Deals Nike Air Max 2015 WomensAuthentic 241352 Nike Free Run Men Gray Black White 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, Authentic 238447 Nike Free Trainer 3.0 Men Black Red Shoes,Authentic 76y99 shdc2f August Deals Yeezy 350 Boost WomensDiscount 155095 Nike Lebron 10 Men Red Gold Black 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.

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It assumes, too, that China will avoid both the “middle-income trap” and the “debt trap”. Authentic 198289 Nike Roshe Run Men Blue Electric Yellow Cyan Shoes,Authentic g9its hxdva2 August Deals Nike Air Presto WomensInexpensive 196448 Nike Shox Nz Men Black 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. Discount 170176 Nike Shox R2 Men Black Pink Shoes,Authentic fdrqn cyfxp8 August Deals Nike Free 50 MensAuthentic 224828 Nike Shox R4 Men White Pink Shoes,.

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About this Special Report

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