Recently, China rolled out a policy for a so-called “silver economy” estimated to be worth trillions of dollars, catering to a rapidly-aging population needing services ranging from meal delivery to nursing homes and entertainment options.
- The policy calls on both state-owned and private enterprises to better cater to the elderly.
- It also announced plans to develop 10 industrial parks and increase public and private investments and innovation in elderly products and services.
- The Silver Economy is dedicated to the elderly in our societies. The silver economy includes all those economic activities, products and services designed to meet the needs of people over 50.
