China’s ‘Silver Economy’ Is Thriving as Birthrate Plunges

Published On Sep 17, 2024, 12:00 AM

China's demographic shift due to a declining birthrate has caused businesses that cater to children to struggle, leading some to pivot towards the growing 'silver economy,' which focuses on services and activities for seniors. Educators like Li Dongmei have transitioned from running kindergartens to offering a variety of classes for the elderly, emphasizing that this market is now more lucrative than children’s education.

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The shift towards the silver economy indicates a growing market for senior-focused services and education in China, suggesting potential investment opportunities in companies that support this demographic.

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China’s ‘Silver Economy’ Is Thriving as Birthrate Plunges

Sep 17, 2024, 12:00 AM

The shrinking population poses threats to growth but has opened opportunities for businesses that serve seniors.

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