As the global population ages, China’s silver economy is emerging as a key player in the global market. The United Nations Population Division reports that the proportion of people aged 65 and above worldwide has risen from 5.5% in 1974 to 10.3% in 2024. This trend is set to double again to 20.7% by 2074.
In China, the silver economy is projected to soar to 30 trillion yuan by 2035, representing 10% of the country’s GDP, up from 7 trillion yuan ($974 billion) in 2024. This growth is driven by increasing demand for healthcare, leisure, and financial services tailored to the aging population.
Businesses and entrepreneurs are eyeing this expanding market, recognizing the vast opportunities it presents. From innovative healthcare solutions to leisure activities, the silver economy is set to make a significant impact both domestically and globally.
With China at the forefront, the silver economy not only supports its aging residents but also contributes to the broader global effort to address the challenges and opportunities of an aging world.
The United Nations Population Division reports that the proportion of people aged 65 and above worldwide has risen from 5.5% in 1974 to 10.3% in 2024. This trend is set to double again to 20.7% by 2074.
This growth is driven by increasing demand for healthcare, leisure, and financial services tailored to the aging population.
