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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, Official Basketball Shoes - Mens adidas Originals Superstar White/Black/Gold Metallic,Exquisite Casual Shoes - Mens Nike Air Max 95 White/Dark Grey/Metallic Silver/Total Orange,Official Website Casual Shoes - Mens Nike Air Max 90 Black/Gym Blue/Blue Graphite/Dove Grey,.

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What, then, will be the features of this growing consumer market? A Fashion Casual Shoes - Mens New Balance 1980 v1 Grey/Orange, 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, Professional Sale Casual Shoes - Mens Nike Roshe One Magnet Grey/Black/Dark Magnet Grey/White,Fashion Style Basketball Shoes - Mens Jordan Dub Zero Black/White/Classic Charcoal/Wolf Grey,Provide Casual Shoes - Mens adidas Originals Stan Smith Red/Black/White,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Provide factory price Running Shoes - Mens ASICS GEL-Nimbus 17 Lightning/Black/Flash Yellow,Fashion Style Casual Shoes - Mens adidas Originals ZX Flux Flash Orange/Black/White,Purchase Running Shoes - Mens New Balance 574 Black/Tan,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Quite Cool Casual Shoes - Mens adidas Originals Superstar Red,Fashion Style Casual Shoes - Mens New Balance 410 Grey/Blue,Quite Nice Sandals Shoes - Mens Nike Flex Motion Slide Black/Black/White,, argues the report,Reliable Basketball Shoes - Mens Nike Air Force 1 Low Gym Red/White,Fashionable Running Shoes - Mens adidas Element Refine Infrared/Running White/Black,Reliable Basketball Shoes - Mens Jordan Flight 45 Black/White/Anthracite,.

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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 Used Nike Air Max 98 Brand Gundam WHITE/UNIVERSITY RED-OBSIDIAN Special 640744 100,Favorite Running Shoes - Mens ASICS Tiger GEL-Lyte III Honey Mustard/Honey Mustard,adidas Athletics ZNE Woven Pants - Casual - Black 4YR5815 - Clothing - 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, adidas Originals Graphic Crew - Casual - Dark Grey Heather Camo 3WI4382 - Clothing - Men's Red,First Rate Running Shoes - Mens Under Armour Micro G One TR Green Head/Aluminum/Artillery Green,adidas PureBoost DPR - Men's - Shoes - Noble Ink Solar Orange 0SS3573 - Running,.

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. Anthracite Training - Nike Pro Hypercool Tights - Clothing - Black Cool Grey 1HH7082 - Men's,First-Rate Basketball Shoes - Mens adidas Originals Top Ten White/Night Flash/White,Basketball - Black Aqueduct 3PY5260 - Men's - Under Armour Clutchfit Drive 2 - 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”. Basketball - Dark Grey Black 9VZ9882 - Men's - Jordan Double Crossover Shorts - Clothing,First-Rate Running Shoes - Mens Under Armour Speedform Fortis Night Black/Aluminum/Metallic Silver,Basketball - Men's - Clothing - Jordan Pure Money 23 True Top - White 8TD6647,, 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. Basketball - Men's - Shoes - Nike Air Zoom Flight '95 - Black Metallic Silver 4RN5786 White,For Sale designer Basketball Shoes - Mens Jordan Flight 45 Black/Dark Concord,Basketball - Pure Platinum White 0UC7928 - Men's - Nike Air Force 1 Ultraforce - Shoes Pure Platinum,.

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About this Special Report

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