China to improve product portfolio, quality for elderly


BEIJING -- China will make further moves to enrich products and improve their quality for the country's growing elderly population.
The country's elderly product sector might exceed 5 trillion yuan (about $720.8 billion) in 2025, according to an official guideline on the development of products for the country's senior citizens.
The government will optimize the market environment for the industry, covering clothing, elderly care products and rehabilitation equipment as well as other fields.
Technology innovation will be enhanced along with the increasing supply of related products and services. Smart auxiliary products such as household chores robots will enjoy development support, the guideline said.
Official data showed the number of people aged 60 or above expanded by 4.39 million to account for 18.1 percent of China's total population in 2019.
- Shijiazhuang's China-Europe freight trains surpass last year's total by October
- China's electricity consumption maintains steady growth in September
- Vapor swirls over water in spectacular weather phenomenon at Tianchi Lake
- Chinese institutes launch powerful AI model to find disease-causing gene mutations
- CPC Central Committee to hold news conference on plenary session
- Conference calls for tech innovations to fight weed menace