China’s population and changing demographics: Based on the 2020 Seventh National Population Census
According to data from China’s Seventh National Population Census released in May 2021, the country’s population reached 1,412 million in 2020, but with only marginal growth in the past decade. Notably, the age group of 60 and over has expanded significantly, up by 5.44% from the 2010 census, reflecting an ageing society in China. This […]
Chinese silver generation drives the tourism market
The silver generation in China includes people aged 60 and over. They are an important consumer group as China has gradually morphed into an aging society as a byproduct of the one-child policy. In recent years, with the improvement of the quality of life of middle-aged and elderly people, after retirement, the number of Chinese […]
The Silver Economy in China: Consumption trends of China’s aging population
What is the state of China’s silver economy? Often referred to as the seniors’ Market, the Silver Economy in China covers all products and services intended for people aged 60 and older. As stated in its name, the Silver Economy is not only a ”market” but also functions as an “economy”. Senior citizens in China […]
[Podcast] China Paradigm 38: How to start a dream driven elderly care business in China
China paradigm is a China business podcast sponsored by Daxue Consulting where we interview successful entrepreneurs about their businesses in China. You can access all available episodes from the China paradigm Youtube page. ACCESS THE TRANSCRIPT OF THIS EPISODE WITH ALL THE DETAILS AND USEFUL LINKS Make the new economic China Paradigm positive leverage for […]
Nursing home in China: A potential growing market
China has become an ageing society, which offers immense opportunities for foreign senior care providers, but a lack of clear government guidelines and other misunderstandings of the market may hinder some investment plans, so it is of great importance to understand this market before entering. Market background & Current Situation This paragraph gives a quick […]