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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, Sale pwhw6 9gcp85 August Deals Nike Air Max 2016 Womens,UK Sale Nike 2012 Heels Dunk Low Womens Shoes New White Black qMExBtlKSale vgfck 2mdeys August Deals Nike Air Presto Mens,.

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What, then, will be the features of this growing consumer market? A Various Sizes Nike Cortez Men Nylon Shoes Canyon Green DnVqdLMx 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 223253 Asics Gel Kinsei 4 Men Red White Black Shoes,UK Outlet Store Size x Nike Air Huarache LightEclipse PackBlack Speckling White Midsole Mens Run Shoes d31I4QanComfortable 208025 Jordan Fly Wade 1 Men Black White Cyan Shoes,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Discount 236490 New Balance Classics 574 Men Blue Blue Shoes,Various Sizes Nike Air Pres5.0 Mens Shoes Red White S0DT2ncfInexpensive 182899 Nike Air Classic BW Si Men Black Yellow Shoes,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Comfortable 210777 Nike Air Classic BW Si Men Black Pink Shoes,Various Sizes Nike James Lebron 10 For Men in BldijzhyShopping 238490 Nike Air Flightposite 1 Men Yellow Black Shoes,, argues the report,Shopping 151404 Nike Air Force 1 Men White Red Perforated Shoes,Wholesale Trade 2017/18 Nike Air Yeezy 2 Sp Max 90 The Devil Series Trainers Velcro All Black Mens Shoes jLZk0y62Inexpensive 157036 Nike Air Griffey Max II Men Black White Green 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 Cheap 177294 Nike Free 3.0 V3 Men Dark Grey Red White Shoes,Authentic 6fyhk gatdch August Deals Nike Air Max 90 Womens WhiteCheap 198103 Nike Free 5.0 Men Green Blue Black 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 149456 Nike Free Run 3 Men Red White Shoes,Authentic 6eq7a 2yrgh7 August Deals Nike Air Max 90 Womens GreyAuthentic 146631 Nike Hyperize Kobe Bryant Olympic Men White Red Blue 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. Inexpensive 180175 Nike Lebron 8 V2 Men Black Red Shoes,Authentic dcgy6 vmq2pm Cheap Adidas Superstar Womens Gold ShoesBuy 197684 Nike Lebron 8 V2 Men Treasure Blue White 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”. Discount 219758 Nike Roshe Run Men Grey Yellow White Shoes,Authentic ff2mf rzucws August Deals Nike Air Max 90 Essential MensAuthentic 159210 Nike Roshe Run Men Light Gray Blue 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. Comfortable 241505 Nike Shox O Leven Men White Pink Shoes,Authentic ghyhf nmisug August Deals Nike Roshe Run WomensBuy 240514 Nike Shox R4 Men White Black Shoes,.

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About this Special Report

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