Current location:opinions >>
Chinese Elderly Consumers to Contribute 10 Percent of GDP by 2030: Report
opinions3People have gathered around
IntroductionContact Us HomeNewsHighlightACWF NewsSocietyWom ...
- Home
- News
- People
- In-depth
- ACWF
Chinese Elderly Consumers to Contribute 10 Percent of GDP by 2030: Report
March 2, 2022BEIJING, 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.
Comments
Magazines
Projects
- 2023 Women Science and Technology Innovation Pioneer...
Photos
- People Enjoy Blooming Tulips in Jinan, East...
- Flowers Bloom Across China in Spring
Special Coverage
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Global Gateway news portal”。http://clippertonisland.bankruptcyintn.com/article-42d199882.html
Related articles
Algeria hosts 23rd 'Chinese Bridge' language competition for university students
opinionsThe final round of the 23rd "Chinese Bridge" language competition for university students ...
【opinions】
Read moreChina calls for intensified diplomatic efforts to end Ukraine crisis
opinionsA Chinese envoy on Friday called for intensified diplomatic efforts to end the Ukraine crisis throug ...
【opinions】
Read moreChina's 14th National Winter Games heat up tourism in N China
opinions(Xinhua) 08:51, February 18, 2024HOHHOT, Feb. 16 (Xinhua) -- As the sun climbed high in Hulunbuir, n ...
【opinions】
Read more
Popular articles
Latest articles
Chinese Language Day celebrated at UN with cultural exhibition
Israel holds transport drill to prepare for possible 'multi
Redefining Weddings in the Age of Individuality
Israel withdraws all ground troops except for one brigade from southern Gaza: media reports
Huairou set for Beijing film festival
China calls for intensified diplomatic efforts to end Ukraine crisis
LINKS
- Aston Villa beats Arsenal 2
- Update on Ashlee Good's baby who was stabbed in Westfield Bondi stabbing rampage
- Domestic comedy
- Holliday's first hit helps the Orioles rally to a 6
- 'Saturday Night Live': Caitlin Clark makes surprise cameo
- Spring Festival TV gala audience, viewership hit record highs
- House Speaker Mike Johnson says he will push for aid to Israel and Ukraine this week
- Italian industrial heritage exhibition in Chongqing sparks cultural dialogue
- 168 tombs unearthed in China's Shandong
- Delegation of Taiwan youth led by Ma Ying