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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, 2014 New Air Jordan 1 Trek Black Outdoor Climbing Shoes,Asics Gel-lyte III 3 cockatoo size 8.5,2015 Air Jordan 14 Low"Laney"Mens Sneakers Classic Ferrari Red Black Yellow Silver Basketball Shoes,.

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What, then, will be the features of this growing consumer market? A Mens Asics Gel-Nimbus 18 Running Shoes / Black Aqua White / T600N / 9.5 M / EUC, 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, 2016 Nike 1515 Waffle Retro Mesh Sneakers Black White Red Mens Running Shoes Online Discounts,Mens Asics Gel Nimbus 18 Running Shoes / Blue Orange / T600N-3930 / 9.5 / EUC,2016 Nike Kids Basketball Sneakers Lebron 13 Purple Blue White Orange,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, 2016 Nike Mens Basketball Sneakers Lebron 13 XIII Fire Red Black Grey,NEW MENS ASICS GEL-NIMBUS 19 RUNNING SHOES TRAINERS INDIGO BLUE / SAFET 4E-XWIDE,Air Jordan Cement 3 III Retro Mens Shoes Glowing White Blue,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Air Max 2011 Netty Mens Shoes Discount Fluorescent Green grey,New Asics Gel Exalt 2 Mens XWide 4E Running Shoe /T4B3N Silver-Blue-White,Air Max 90 Mens Shoes Cheap Wholesale Black White Lightgrey,, argues the report,Air Max 90 Premium EM Mens Shoes Orange Black,SALE Asics Gel Lyte III 3 MIAMI VICE WHITE TEAL ORANGE H540L 0101 SZ 11.5 12 13,AIR MAX LTD 01 Mens Shoes Cheap White Black,.

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Finally, Lebron 9 P.S Elite For Men in 66772,Nike Air Jordan 1 Retro Low Og Shoes Mens Black White N29532,Men's Nike LeBron 8 PS Dunkman Shoes in 23775,, according to the World Bank. Urbanisation could rise to 70 per cent by 2027 and then to the over 80 per cent normal in the advanced economies, with most of the new inhabitants moving to Tier 2 and Tier 3 cities and inland, New Nike Air Max 2015 Mens Shoes Black / Green / Blue Discount,Nike Air Max 90 Essential Shoes Mens Grey Black Dark Greygreen Grey N55620,Nike Air Foamposite One 2013 new colorway Sneakers For Men in 74368,.

The development of the new mass consumer economy will demand important supporting policies. These will include upgrading of skills, spreading benefits of Nike Air Jordan 1 I Mens Shoes Low Cheap Online Black White Red,Nike Air Max Tavas Leather Shoes Mens Grey Black White N56568,Nike Air Jordan I 1 Retro Mens Shoes High 2014 Blue Black,, 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, Nike Air Max 2011 New Reviewed Mens Running Shoes Blue Red,Nike Air Odyssey Shoes Mens Blue White Blue Metallic Grey N41723,Nike Air Max 360 2009 Mens Shoes Black Blue,.

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. Nike Air Max 90 Mens Shoes Yellow Chocolate Grey Red,Nike Air Untouchable Vapor Shoes Mens Red Red White Metallic Gold N81706,Nike Air Max Humara Mens Shoes Grey Yellow,, 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”. Nike Air Max LEBRON X LOW Basketball Shoes for Men in 82427,Nike Court Tennis Classic Cs Shoes Mens Red White Red N85373,Nike Air Max TN I Mens Shoes Graceful black,, 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. Nike Air Max TN I Mens Shoes Unique green black,Nike Free Hypervenom 2 Fs Shoes Mens White N88974,Nike Air Shox Turbo + 13 XIII Mens Shoes Black Yellow,.

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About this Special Report

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