2023 sees China's aging population of 297 million aged 60+ driving growth in the $7 trillion silver economy, projected to reach $30 trillion by 2035.
China's rapidly aging population, with 297 million people aged 60+ in 2023, presents a growing demand for innovative elderly care services, unlocking potential in the silver economy. China's silver economy, currently valued at 7 trillion yuan, is expected to reach 30 trillion yuan by 2035. The elderly products market reached 5 trillion yuan in 2023, showcasing China's significant potential for foreign investment in this sector.
July 26, 2024
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