China aims to expand its 'silver economy' to 30 trillion yuan by 2035 through technological integration, age-friendly transformation, and financial support for elderly care industries.

China plans to enhance its 'silver economy' in response to its aging population, with the sector projected to reach around 30 trillion yuan by 2035. Efforts include technological integration for elderly care products, age-friendly transformation and renovation, and increased financial support for industries like intelligent elderly care and integrated medical-elderly care. The government aims to cultivate new brands, guide the sector with higher standards, and foster more industrial clusters to cater to elderly consumer demands.

March 09, 2024
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