US-China Business Council
Looking After China’s Elderly
As China’s rapid economic development continues, demographics shift, and social needs change, the country will face new challenges, not least of which is looking after its growing elderly population.
While a variety of care facilities have cropped up to care for China’s seniors, few have been widely successful in capturing the market.
2013
Themes:
Senior Care in China: Challenges and Opportunities
In 2012, China’s National Bureau of Statistics announced that China now has roughly 185 million people over the age of 60. A 2007 study by the United Nations estimated that in 2005 there were 16 retired people in China to every 100 workers. The study projected that this ratio will reach 64 elderly for every 100 workers by 2025.
2012
Themes:
"There is nothing like staying at home for real comfort."