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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, Casual - Converse CONS One Star WP Mid - Men's - Shoes - Raw Sugar Raw Sugar 7UA4021 Raw Sugar,Nike Mercurial 7 start Superfly IV FG ID Custom Official Football Boots Blue/YellowCasual - Men's - Clothing - PUMA P48 Core Closed Hem Pants - Black 1SA10002,.

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What, then, will be the features of this growing consumer market? A Nike Mercurial Superfly Hot V sale FG Sports Kicks Football Boots Black/blue discounts flash 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 - Men's - Black White 7XO280 - Nike Elite Hoodie - Basketball,Nike Mercurial Superfly Heritage FG iD Mens Factory Football Boots White and get Metallic SilverClothing - Men's - Iowa Hawkeyes - Nike College Dri-FIT Replica Shorts - Black 3DA2717,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Clothing - Men's - Nike Elite Posterize Shorts - Basketball - White Black 6TT9215,Nike Mercurial Superfly V AG 2017 cheap Football outlets Boots Pure get Platinum/Black/Ghost GreenClothing - Men's - Red 4 Compression Tights - Training Graphite 5DM7422 - Under Armour HG Armour 2.0 3,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. Clothing - Mitchell & Ness NBA Home Stretch Henley - Men's - Chicago Bulls - Black 7GR9075,Nike Mercurial Superfly V CR7 2016-2017 FG football Buy boots Black/GoldClothing - Nike College Player Travel Jacket - Men's - Oregon Ducks - Green 9XZ2026,, argues the report,Clothing - Nike MLB Club Fleece Logo Hoodie - Men's - San Francisco Giants - Black 3EM11247,Nike Mercurial Vapor Hot XI FG Football Boots Lowest price Purple AU Dynasty/Bright Citrus/Hyper GrapeClothing - Pittsburgh Steelers - Men's - Nike NFL Game Day Jersey - White 7QK4011 - Brown Antonio,.

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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 Men's - adidas Originals Samba - Shoes - Soccer - Solar Blue Clear Grey 2JU9033 White,On sale Nike Hypervenom Phantom II FG football Offer boots Black/Volt outletsMen's - Atlanta Braves - Clothing - White 1NU4099 - Mitchell & Ness MLB Authentic Collection Jersey - Aaron Hank,, 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, Men's - Basketball - Jordan 23 True Ele Printed Long Sleeve Top - Clothing - Gym Red 9LT10343,sale 2016 adidas ACE 16.1 FG-AG Official football boots Gold/RedMen's - Basketball - Wolf Grey 9IR8006 - Converse Chuck Taylor All Star X Nike Flyknit - 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. Men's - Black Hyper Green 1GZ2283 - Shoes - Under Armour Slingride - Running,Suppliers NIKE 2018 Vapor Max AH3397 004 Top BLACK Mens Sports Shoes Running ShoesMen's - Carbon Heather Black 6TR3140 - Clothing - Under Armour HG Armour 2.0 6" Compression Shorts - Training,, 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 - Casual - Nike International Windrunner Jacket - Clothing - Costal Blue 3UV3629,Super Nike MercurialX Proximo II IC 2017 Football Boots Black/Electric Offer Green/Paramount Blue outletMen's - Clothing - Jordan College Sideline GridIron Full-Zip Hoodie - Michigan Wolverines - Navy 9OL1907,, 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 - Collegiate Navy Green 1FB4385 - Shoes - adidas Crazy Explosive - Basketball Medium Grey,Top Quality Mens NIKE ZOOM FLIGHT BONAFIDE MULTI-COLOR MULTICOLOR NEW 917742-003Men's - Jordan 23 LUX Pants - Dark Grey Heather Black 3UZ4941 - Clothing - Basketball,.

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About this Special Report

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