Your current location:HOME >travel >Chinese Elderly Consumers to Contribute 10 Percent of GDP by 2030: Report 正文
TIME:2024-05-21 18:00:33 Source: Internet compilationEdit:travel
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.
Bella Hadid goes braless in a thigh2024-05-21 17:47
Former CDC directors: U.S. politicians undermine CDC unconscionably2024-05-21 17:47
Xi Urges Guangxi to Write Its Chapter in Chinese Modernization2024-05-21 17:41
Primary, secondary schools reopen in Ireland under phased plan2024-05-21 17:22
Analysis: Larson enters conversation with Verstappen as best drivers in the world2024-05-21 17:00
'Dazi culture' increasingly popular among young Chinese2024-05-21 16:42
Egypt opens pharaonic mummies hall to visitors at new museum in Cairo2024-05-21 16:38
China suspends HK extradition, judiciary assistance treaties with Canada, Australia, Britain2024-05-21 16:19
Election 2024: Biden and Trump bypassed the Commission on Presidential Debates2024-05-21 15:55
Xi Urges Guangxi to Write Its Chapter in Chinese Modernization2024-05-21 15:51
Children are evacuated from school 'during an exam' after threat made via email2024-05-21 17:52
PMs of Italy, Portugal call for ambition to attack the crisis2024-05-21 17:52
Peng Liyuan Visits Vietnam National University, Hanoi2024-05-21 17:44
Xi Exchanges Congratulations with Kenyan President over 60th Anniversary of Diplomatic Ties2024-05-21 17:42
'Constantly learning' Imanaga off to impressive start with the Chicago Cubs2024-05-21 17:15
Orange harvest in central Gaza Strip2024-05-21 16:14
Merkel rejects calls for abolishing face mask requirement in German shops2024-05-21 16:13
U.S. gov't rescinds controversial rule on int'l students: federal judge2024-05-21 16:05
Jon Wysocki dead at 53: Staind drummer passes away2024-05-21 15:54
Philippines, China cooperate to crack down on illegal offshore gambling2024-05-21 15:40