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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, Under Armour CURRY 4 MID - High-top trainers - team royal dark blue QD95526,Belle Vivier Trompette patent leather pumps FN49840 calf leather BlackVictoria Beckham Dorothy matte-leather pumps WLWJYS,.

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What, then, will be the features of this growing consumer market? A BODAS - Provence cotton-voile chemise White QXPWBU 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, Girls Nike Kobe A.D. Black Lowest price Red,BOSS - Striped knitted cotton jumper Light/pastel blue NNYYHMKD 7 7 start ID ning Uprising Photo Poison Black Blue Light stores Green,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Kobe 10 Top X Think PE Hyper Aunt Pearl cheap Metallic Pink Silver Best,BUDDING BEAUTY Black 8ADW7A Irregular ChoiceKyrie 1 One Crimson Bright Design Volt Custom,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. LeBron 12 Elite ID Exclusive John Elliott Co Used All White wholesale,BRISTOL 1202A Carmine UE38YG ArtLebron 13 Free Shipping XIII Hyper Jade Club Hornets Black Purple,, argues the report,Lightest Nike Kobe Venomenon top Quality 5 Black Metallic Silver outlet,BXPFGD Coleman Instant Tourer 4 Tent olive (2018)new Thermal Map Nike get Air Foamposite One,.

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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 2016 Sale Nike Free Run 2 Running Shoes Blue White Wolf Grey Men's,CULT GAIA - Gaias Ark small clutch Multi DAHHTK2017 All Grey Nike Shoes Men's Jordan Air Imminent Gym Red/White/Black Shoes Canada APL630307,, 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, 2017 Black And White Nikes Cheap Men's Nike Zoom Sb Stefan Janoski Canvas Black/White/Anthracite/White Shoes Canada PHN5302228,DAWHRE Sea to Summit Flow Backpack 35 L black (2018)2017 Blue And Pink Nikes Men's Nike Lunareclipse 5 Black/Lyon Blue/Blue Tint/White Shoes Canada YEP2401912,.

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. 2017 Buy Online Nike Shoes Men's Nike Mercurial Veloce Ii Fg Hyper Pink/Black/Hyper Pink Shoes Canada FSP1502577,Disney SWIM SUIT MINI BABY - Swimsuit - pink pink LR983372017 Cool Nike Trainers Men's Nike Mercurial Superfly Sg-pro White/Black/Hyper Pink/Volt Shoes Canada UGB7502553,, 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”. 2017 Grey Nike Sneakers Men's Nike Air Force 1 White/White Shoes Canada ZUW0702909,DOLIATE Coppery 7K5XOV Jonak2017 New Nike Slippers 2016 Men's Nike Skateboarding Eric Koston Pure Platinum/White/Team Red Shoes Canada KLV8402210,, 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. 2017 Nike Air Max 90 Men's Nike Mercurialx Proximo Tf Grass Shoes Canada HHF4602653,DUNE - Olexa brocade ankle boots Black-suede LXYOVL2017 Nike Black And White Men's Nike Mercurial Victory V Tf Bright Mango/Hyper Turquoise/Metallic Silver Shoes Canada TQU7602614,.

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About this Special Report

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