The report shows that China's aging industry will generate significant demand in various aspects in the medium to long term

2023-08-31

Xinhua News Agency, Beijing, August 29 (Reporter Tian Xiaohang) - The China Center for Aging Science released the "Report on the Development of China's Aging Industry (2021-2022)" in Beijing on the 29th. The report believes that with the rapid development of population aging, the significant demand for China's aging industry will continue to highlight in the medium to long term, and the aging industry contains huge consumer market potential. According to the report, from 2021 to 2035, China's aging industry will generate significant demand in various aspects, such as health management, chronic disease management, medical and health care, and hospice care for the elderly; Aging products and rehabilitation aids in the field of aging products and manufacturing; Adaptable aging transformation, aging environment, and services in terms of livability for the elderly; Personal aging financial products and financial support for the aging industry in the field of aging finance. From 2036 to 2050, as the "post-70s" and "post-80s" groups enter the elderly, the demand for China's elderly industry will undergo changes in consumption patterns, demand levels, demand content, and other aspects. For example, the online consumption model is more common, and spiritual culture, lifelong learning, and achieving something for the elderly have become important contents pursued by the elderly. The demand for smart elderly care and technology assistance for the elderly has become prominent. Wang Lili, Director of the Aging Industry Research Office of the China Aging Science Research Center, believes that in recent years, China's aging industry has developed rapidly and has initially formed major industrial fields such as aging finance industry, aging manufacturing industry, aging health industry, aging service industry, aging livability industry, and aging culture industry. There is still great room for development in the future. Practice has shown that vigorously developing the aging industry is conducive to full employment, expanding consumption, and promoting investment. "Party Junwu, Deputy Director of the China Aging Science Research Center, believes that in the future, efforts can be made to build a healthy aging industry system, innovate technology in the aging manufacturing industry, and improve the quality of the aging service industry, bringing new economic support to the" longevity era ".

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