China has the largest elderly population in the world, with nearly 300 million people over the age of 60. Aging has given rise to a considerable silver economy, which is related industries that target the elderly.
The current scale of China's silver economy is around 7 trillion yuan, accounting for about 6% of GDP, and is expected to reach 10% by 2035. In the future, the country will focus on cultivating high-tech products and high-quality service models, making the silver economy a sunrise industry.