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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, Original Designed Running Shoes - Mens Nike Air Max 2015 Black/White,Favorably Basketball Shoes - Mens Jordan AJ 1 Low Cool Grey/White/Cool Grey,Outlet Factory Running Shoes - Mens Nike Flex Fury Midnight Navy/Lyon Blue/Deep Royal Blue/White,.

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What, then, will be the features of this growing consumer market? A Favorite Casual Shoes - Mens Nike Shox NZ Cool Grey/Game Royal/Dark Obsidian/Metallic Silver, 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, Purchase Running Shoes - Mens Nike Roshe Flyknit Bright Crimson/Court Purple/Total Orange,First Rate Basketball Shoes - Mens Converse All Star Ox Black/White/Black,Quite Cool Running Shoes - Mens adidas Originals ZX Flux Bright Blue/Black/White,.

China’s astonishingly dynamic “sharing economy” — already visible in the booming market for shared bicycles and cars for hire — will expand further, Reasonable Price Basketball Shoes - Mens adidas Originals Rivalry Hi Electric/Electric/White,First Rate Casual Shoes - Mens Nike Air Max 95 No Sew Lt Base Grey/Turbo Green/Dk Mica Green/Venom Green,Reliable Basketball Shoes - Mens Nike Team Hustle D 7 Black/Metallic Silver/White,.

As elsewhere in the world, Chinese consumers will also increasingly demand and obtain personalised goods and services. 2016 Nike Hypervenom Phinish get FG For Football AU Boots Pure Platinum/Ghost Green/Hyper Turquoise/Black,First-Rate Basketball Shoes - Mens Nike Lunar Raid Challenge Red/Black/Tour Yellow/Challenge Red,2018 Mens Under Armour UA Curry Customize 4 High Rooster All Red stores Basketball Shoes For,, argues the report,adidas ACE 16+ PureControl FG-AG Top football boots discount Core Black/Solar Yellow stores,First-Rate Basketball Shoes - Mens Jordan V.5 Grown Low White/Metallic Silver/White,adidas Primeknit 2.0 UK football boots Night Sky/White/Solar Green,.

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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 Originals Superstar 2 - Black Power Red 8DR10303 - Shoes - Basketball - Men's Black,Get Cheap Casual Shoes - Mens Jordan 1 Flight 3 Black/Gym Red/White,Anthracite Jordan AJ 1 High - Black Gym Red 3US387 - Men's - Shoes - Basketball Cement Grey,, 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, ASICS Tiger GEL-Lyte V - Carbon Red 5WE231 - Shoes - Running - Men's,Good-feeling Basketball Shoes - Mens Nike Air Without A Doubt Black/Reflect Silver/White/Metallic Silver,Basketball - Buff Egret 9DU10885 - Converse All Star Modern Ox - Shoes - Men's,.

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 - Jordan Fly '89 - Men's - Shoes - Black Gym Red 4QK5407,Good-feeling Basketball Shoes - Mens Nike Soldier VIII James LeBron,Basketball - Men's - Nike Air Force 1 Ultraforce - Track Red White 1IN1254 - Shoes Track Red,, 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 - Nike Elite Stripe Shorts - Clothing - Anthracite Electric Green 9YC555 - Men's,Gorgeous Basketball Shoes - Mens Nike KD 8 Ng Silver/Tmbld Grey/Green Glow/Deep Pewter,Basketball - University Blue Black 8GP9021 - Jordan Retro 7 - Shoes - Men's White,, 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 Basketball - Jordan The Varsity Jacket - Clothing - Black Black 9ZU7513 - Men's,Good-Looking Casual Shoes - Mens Saucony Grid 9000 Blue/White,Black Jordan Fly Hooded Parka - Black Black 0IV2866 - Clothing - Basketball - Men's,.

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About this Special Report

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