Your current location:HOME >politics >Chinese Elderly Consumers to Contribute 10 Percent of GDP by 2030: Report 正文
TIME:2024-05-08 03:13:39 Source: Internet compilationEdit:politics
Contact Us HomeNewsHighlightACWF NewsSocietyWom
BEIJING, March 1 (Xinhua) — With a burgeoning "silver economy" boosted by a growing number of Chinese seniors, consumption by the age group could contribute about 10 percent of China's gross domestic product (GDP) in 2030, according to a report released on Tuesday.
Calculated at 2010 prices, the total consumption of the elderly population is expected to reach 12-15.5 trillion yuan (about 1.9-2.46 trillion U.S. dollars) in 2030, accounting for 8.3-10.8 percent of the country's GDP, said the report issued by the China Research Center on Aging.
In 2050, the group's total consumption is estimated to soar to 40-69 trillion yuan, making up 12.2-20.7 percent of the country's GDP, it said.
China has 264 million people aged 60 years and above, accounting for 18.7 percent of its 1.4 billion population, according to the seventh population census conducted in 2020.
(Source: Xinhua)
32.3KPlease understand that womenofchina.cn,a non-profit, information-communication website, cannot reach every writer before using articles and images. For copyright issues, please contact us by emailing: [email protected]. The articles published and opinions expressed on this website represent the opinions of writers and are not necessarily shared by womenofchina.cn.
Tourism drives cultural and creative industries in SW China’s Tibet2024-05-08 03:00
Media Minister had 'more than enough time' to find solutions2024-05-08 02:44
Grief and anger in Moscow following concert attack2024-05-08 02:36
Environmentally2024-05-08 02:35
Xiplomacy: How China Helps Preserve Cultural Heritage Sites in Asia2024-05-08 02:16
Department of Conservation proposes 130 job cuts2024-05-08 01:45
'We will not be silenced': Gisborne council backs Māori wards2024-05-08 01:21
Progress in Gaza truce talks in Cairo, Egypt's Al Qahera news says2024-05-08 01:12
Countries welcome Chinese tourists2024-05-08 00:59
DOC job cuts plan: Tourism, backcountry huts, flora and fauna at risk, groups say2024-05-08 00:47
Tourists enjoy kiteboarding in Hainan2024-05-08 03:04
Israel Gaza: Journalists injured in al2024-05-08 02:57
Teenagers named as victims of Nelson off2024-05-08 02:29
Titanic 'door' prop that kept Rose alive sells for more than $1m2024-05-08 02:24
E China's Jinzhai County promotes industrial integration, agro2024-05-08 02:00
Changes to flu vaccine eligibility missed opportunity to improve health equity2024-05-08 01:57
'Chubby Hearts' installation launches in Hong Kong2024-05-08 01:55
Israeli military says troops captured hundreds of fighters in Gaza hospital2024-05-08 01:35
China sees 230 mln domestic tourist trips during May Day holiday2024-05-08 01:09
China's real estate giant Evergrande files for bankruptcy2024-05-08 00:41