On January 9, the State Council Information Office held a press conference on measures to deepen the reform and development of retirement services. Liu Ming, director of the Social Development Department of the National Development and Reform Commission, stated that the Silver economy has a broad prospect. From the perspective of demand changes, the elderly population is continuously growing, creating a large demand for elderly products and services. As consumption willingness and ability upgrade, the demand structure is shifting from survival-oriented to development-oriented. Particularly, those born after the 1960s have now entered old age, and this group has stronger consumption willingness and ability. From the consumption trend, the borders between elderly and young people's consumption are increasingly merging, with consumption concepts and structures becoming more similar, focusing more on personalized and self-satisfying consumption, making them a key group for diversified consumption development. From the perspective of industrial development, the Silver economy is prompting various industries to innovate and create more service products for the elderly, covering all aspects of elderly life and injecting new momentum into services for the elderly.

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国家发改委:银发经济前景广阔,60年代以后出生的人消费意愿和消费能力更强
The National Development and Reform Commission: The Silver economy has a broad prospect, and those born after the 1960s have stronger consumption willingness and ability.
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