SHANGHAI — Corporations in China are jostling for a slice of the nation’s “silver economic system,” using on the federal government stimulus geared toward boosting consumption among the many rising ageing inhabitants.
China’s inhabitants age 65 and above is anticipated to extend from 220 million in 2025 to 400 million in 2050, in keeping with Chen Wei, a professor on the Heart for Inhabitants and Growth Research at Renmin College. This group will account for 30.7% of the whole inhabitants, which is projected to fall by about 100 million to 1.31 billion.
