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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, Black Running - Men's - Brooks PureFlow 6 - Heather Denium Blue 1EB9348 - Shoes,Free Shipping Nike Dunk Low Premium SB SHRIMP Black/Varsity Red-White-Dust 313170-060Black Shoes - New Balance Fresh Foam Zante V3 - Men's - Energy Red White 0DR1022 - Running,.

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What, then, will be the features of this growing consumer market? A new AH3397-004 NIKE AIR VAPORMAX FLYKNIT outlet MOC All Clearance Black 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, Clothing - Basketball - Jordan Retro 5 Tank - Turquoise Blue Infrared 23 0LV396 - Men's,NEW DS Adidas Order Yeezy Boost 350 Original V2 outlets Blue Tint Grey Red B37571 SPLY 100% AUTHENTICClothing - Black 6XF10099 - Men's - Majestic MLB Player On Field BP Top - Chicago White Sox,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Clothing - Casual - Men's - Under Armour Rival Fleece Oh Pants - Black Graphite 8VR3477,Nike Air Jordan Retro 12 XII Doernbecher Fashion Mens get Black Pink DB AH6987-023Clothing - Jordan Flight Fleece Crew - Men's - Gym Red Black 6ID6791 - Basketball,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Clothing - Men's - Black 5QZ2645 - Nike Air Jogger - Casual,Nike Air Lupinek Flyknit ACG Low SP NikeLab Black Dark Pale Grey boot Good 853954 001Clothing - Men's - Cotton Black 5VV7505 - PUMA Archive T7 Windbreaker - Casual,, argues the report,Clothing - Men's - Mitchell & Ness MLB Away Game Henley - Black 5LC4223 - San Francisco Giants,NIKE AIR Recommended MAX Great 98 / SUPREME SUPREME BLACK 844694-001 Where to buyClothing - Men's - Nike Modern Long Sleeve Knit Top - Casual - Carbon Heather Black 9MT1456,.

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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 Jordan 1 Flight 3 - Men's - Black Dark Grey 7XO3992 - Basketball - Shoes Infrared 23,Nike Magista Obra 7 start FG 2016 football Free Shipping boots White/Black/Pink Blast discountJordan Hydro 6 - Casual - Gym Red Black 7YA6310 - Shoes - Men's,, 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, Jordan Trunner LX - Training - Wolf Grey White 4FV482 - Shoes - Men's,Nike Magista wholesale Obra II FG 2017 Football Boots Red/Metallic SilverLt Beige Chalk Shoes - Basketball - Men's - Nike Flystepper 2K3 - Lt Cognac Lt Arctic Pink Dark Grey 6BY11285,.

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. Men's - adidas Originals Stan Smith - Grey White 2TX7020 - Shoes - Casual,Nike Magista Super Obra II FG football boots Black/Total UK Crimson AUMen's - Basketball - Black 6TM6563 - adidas Cross-Up 3 4 Pants - Clothing,, 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”. Men's - Basketball - Jordan Retro 5 Fleece Pants - Clothing - Black Gym Red 0PY3249,Nike Mercurial 7 start Superfly FG Football Boots Purple/BlackMen's - Black Black 4XM10690 - Clothing - Under Armour Pursuit Hoodie - Casual,, 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. Men's - Black White 4GK11232 - Clothing - adidas Athletics Badge of Sport Side 3-Stripe - Casual,Nike Mercurial Superfly discount CR7 FG Football stores Boots BronzeMen's - Casual - Nike Advance 15 Knit Shorts - Clothing - Tourmaline Heather White 1CN952,.

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About this Special Report

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