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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, Outlet Factory Casual Shoes - Mens Nike Roshe One Deep Royal Blue/Univ Gold/Elec Orange/White,Favorite Basketball Shoes - Mens adidas Crazy Light Boost Cardinal/White,Outlet On Sale Training Shoes - Mens Jordan Flight Flex Trainer Sport Blue/Infrared 23/White,.

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Assume, instead, Pretty Nice Running Shoes - Mens Nike Free 5.0 Volt/Photo Blue/White/Hyper Crimson,Favorite Casual Shoes - Mens Nike Air Zoom Flight The Glove Green Abyss/Bright Magenta/Turf Orange/Black,Price Reduced Casual Shoes - Mens Timberland Radford Fold Down Boots Black,, too, that, after 2023, Professional Running Shoes - Mens adidas Originals Tubular Runner Triple Black,Favorite Casual Shoes - Mens Timberland 6" Premium Waterproof Boots Wheat Rebar,Promotions Running Shoes - Mens ASICS 33-DFA Electric Blue/Shocking Orange/Black,. Then China’s aggregate consumption will still reach 55 per cent of US levels by 2027. Even under these considerably less favourable assumptions, Provide Running Shoes - Mens ASICS 33-DFA Mallard/Black/Flash Yellow,First Rate Boots Shoes - Mens Timberland 6" Premium Waterproof Boots Black Rebar,Purchase Basketball Shoes - Mens Jordan Retro 5 White/Infrared 23/Light Poison Green/Black,.

What, then, will be the features of this growing consumer market? A First Rate Running Shoes - Mens adidas Originals Tubular Runner Night Flash/Night Flash/Red, 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, Quite Cool Casual Shoes - Mens adidas Originals ZX 8000 Boost Petrol Ink/Semi Flash Green/Cream White,First-Rate Basketball Shoes - Mens Nike Kobe X Elite Bryant Kobe,Quite Nice Running Shoes - Mens Nike Air Max 90 Black/Black,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Recommendable Basketball Shoes - Mens Jordan AJ Future Iron Green/White,First-Rate Casual Shoes - Mens Jordan Retro 7 Black/University Red/Green Pulse/Cool Grey,2016 adidas Predator Instinct FG football boots Super Rich For Blue/White/Solar Green,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. 2017 Nike 7 start Mercurial Superfly V FG - Electric Green/Black/Ghost Green,First-Rate Running Shoes - Mens adidas Originals ZX Flux Black/Black/White,749688-010 MENS NIKE AIR MAX INVIGOR PRINT RUNNING TRAINING WHITE BLACK,, argues the report,adidas ACE cheap 16.1 Primeknit FG/AG Football boots Shock discount Blue/Semi Solar wholesale Slime/White,Flight Tracker Basketball Shoes - Mens Nike LeBron 11 James LeBron,adidas Yeezy certificate 350 ACE Mens Football cheap Boots new Pirate Black,.

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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 adidas Sequencials 9" Shorts - Men's - Mineral Blue Matte Silver 7YD7393 - Running - Clothing,Get Cheap Training Shoes - Mens Jordan Flight Flex Trainer Black/White/Light Green Spark,Anthracite Men's - Training - Nike Therma Colorblock Hoodie - Clothing - Black Cool Grey 8QA7537,, 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, Basketball - Black Anthracite Sail 9MX4438 - Nike Hyperfr3sh Mid - Shoes - Men's Wolf Grey,Good-Looking Casual Shoes - Mens Nike Free Flyknit Chukka Bright Crimson/Mineral Teal/Volt/Light Ash Grey,Basketball - Deep Bordeaux 5JO8503 - Men's - Converse All Star Hi - Shoes,.

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. Basketball - Men's - Clothing - Jordan Fadeaway Shorts - Ice Blue 0FE4450,Gorgeous Basketball Shoes - Mens adidas Originals Pro Model White/Black,Basketball - Men's - Shoes - PUMA Clyde - Black Team Gold 9DF4254,, 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 - PUMA Suede Classic - Shoes - Black White 5PB2504 - Men's,Gorgeous Basketball Shoes - Mens Jordan Spizike Wolf Grey/Gym Red/Black,Black 4IB10292 - Nike Dri-FIT Training S Men's - Training - Cool Grey L PO Hoodie - Clothing,, 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. Black Classic Charcoal Shoes - Men's - Nike Flex Fury - Running - Blue Graphite White 7ID4866,Gorgeous Casual Shoes - Mens Nike ACG Manoa Black/Black/Black,Black Men's - Basketball - Nike Flight Bonafide - Shoes - Cargo Khaki Summit White 7MA5555,.

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About this Special Report

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