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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, Men's Nike Storm-FIT (MLB Dodgers) - Jacket BE552168r,Buy Nike Free 4.0 London Olympic Souvenirs Men's Running Shoes (White/Navy Blue/Royal Blue) Australi,Men's Hurley Phantom One And Only 19" - Boardshorts BC824424l,.

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What, then, will be the features of this growing consumer market? A Cheap Nike Free 5.0 Men's Shoes (Yellow/Black) Australia Online, 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, Men's Nike Stadium Dri-FIT Touch Pullover (NFL Panthers) - Hoodie AL606476e,Cheap Nike Free 5.0 V2 Men's Shoes (Light Gray/Yellow) Australia Online,Men's NFL Green Bay Packers Elite Jersey (Aaron Rodgers) - Football Jersey NU768343g,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Men's Nike Circuit (NFL Colts) - Pants QG356371q,Buy Nike Free 5.0 V3 Men's Shoes (Grey/Green) Australia Online,Men's NFL San Diego Chargers Limited Jersey (Philip Rivers) - Football Jersey NW229517s,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Men's Nike Victory Bold Stripe - Standard Fit Golf Polo WS167823d,Cheap Nike Free 5.0 V3 Men's Shoes (Black/Royal Blue) Australia Online,Men's Nike Dry - Training Hoodie XG925035b,, argues the report,Men's NFL New York Giants Elite Jersey (Odell Beckham Jr.) - Football Jersey VP803929x,Cheap Nike Free Flyknit Men's Running Shoes (Purple/Pink/Sky Blue) Australia Online,Men's Nike Pro Warm - Training Tights ND189450n,.

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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 Unisex Nike Zoom Streak 6 Unisex - Racing Shoe GU574328o,Cheap Nike Roshe Run One Breeze BR Men's Running Shoes (White Metallic Platinum) Australia Online,Cheap adidas Dame 4 Triple Black Sale,, 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 Kyrie 3 852417 600 Team Red Yellow White Sale,Buy Nike Roshe Run High Anti Fur Waterproof Men's Running Shoes (Black/Electric Yellow) Australia On,Cheap Mens Nike Air Max 2017.5 Black Yellow Sale,.

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. Cheap Nike Hyperdunk 2017 Low Dark blue yellow Sale,Cheap Nike Roshe Run Low Anti Fur Waterproof Men's Running Shoes (Navy/Electric/Green) Australia Onl,Cheap Nike Mercurial Vapor Flyknit Ultra FG Black Gold Sale,, 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 Force 1 ’07 LV8 "Metallic Gold",Cheap Nike Roshe Run Print Men's Running Shoes (Land) Australia Online,Nike Air More Uptempo White Blue,, 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 SF Air Force 1 High Blue Orange,Men's New Balance 574 Island Pack Lightgrey/Yellow/Blue Training Nike USA TrainersDurable In Use,Kids Nike Free Run 2 Running Shoes Gray/White/Pink /Nike Jordan [ N39],.

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About this Special Report

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