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2.6K views · 332 reactions | The aging population has become a major challenge in the world and in China. China has taken measures to address this challenge better. With households as the basis, supported by communities, and supplemented by institutes, an elderly care system combining medical and elderly care is taking shape. #WhyChina | CGTN | Facebook
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visualcapitalist.com
China’s population is aging and the elderly care industry is already becoming an engine of the country’s socioeconomic development. What sectors benefit from the silver economy? As Gen Z and Millennials pour into the elderly care sector, what opportunities and challenges do they face? Cheng Haijun, professor at Beijing College of Social Administration, explains how the elderly care industry boosts employment and economic growth. | Closer to China
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