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Today, old-age care is being upgraded from “easy to live in” to “easy to use.” Since this year, various departments of the country have introduced special policies to promote the construction of residential old-age care scenarios in multiple dimensions, from subsidies for elderly families with special difficulties to adapt to aging and upgrading old neighborhoods to barrier-free renovation of public spaces. Experts explained that in the next five years, the state plans to renovate 115,000 old urban neighborhoods and renew about 500,000 dilapidated houses. This year, China has allocated 97 billion yuan to promote the improvement of residents' living conditions, which will benefit 8 million households. The three-year action plan to expand the capacity and improve the quality of the rehabilitation aid industry focuses on fields such as health robots and intelligent nursing equipment, promoting age-appropriate products into institutions, communities, and families, and continuously enriching product-related pension consumption scenarios. Zhang Xiaofeng, deputy director of the Department of Aging Affairs of the Ministry of Civil Affairs, explained that in 2025, the scale of China's silver hair economy industry reached 9 trillion yuan, and it is expected that the scale of China's silver hair economy industry will exceed 30 trillion yuan by 2035.
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Today, old-age care is being upgraded from “easy to live in” to “easy to use.” Since this year, various departments of the country have introduced special policies to promote the construction of residential old-age care scenarios in multiple dimensions, from subsidies for elderly families with special difficulties to adapt to aging and upgrading old neighborhoods to barrier-free renovation of public spaces. Experts explained that in the next five years, the state plans to renovate 115,000 old urban neighborhoods and renew about 500,000 dilapidated houses. This year, China has allocated 97 billion yuan to promote the improvement of residents' living conditions, which will benefit 8 million households. The three-year action plan to expand the capacity and improve the quality of the rehabilitation aid industry focuses on fields such as health robots and intelligent nursing equipment, promoting age-appropriate products into institutions, communities, and families, and continuously enriching product-related pension consumption scenarios. Zhang Xiaofeng, deputy director of the Department of Aging Affairs of the Ministry of Civil Affairs, explained that in 2025, the scale of China's silver hair economy industry reached 9 trillion yuan, and it is expected that the scale of China's silver hair economy industry will exceed 30 trillion yuan by 2035.
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