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"The silver-haired economy has a long industrial chain, diverse business forms, and enormous market potential with broad development prospects." "In the health industry, rehabilitation, long-term care, preventive healthcare, and health maintenance are all important components of the silver-haired economy." "Building high-quality wellness cities is an inevitable requirement to meet the wellness needs of a moderately aging society, attract young talents, and strengthen the wellness industry."

At the recently held 6th Yanshan Pension Forum and Silver Economy Industry Expo, attendees deeply interpreted the latest national policies on the development of the silver economy industry and engaged in discussions on hot topics such as community-based home care, travel-based pension services, aging-in-place renovations, and innovative development in the health and pension industry.

Bao Jian, Deputy Secretary of the Fangshan District Committee of the Beijing Municipal Committee and Secretary of the District Political and Legal Affairs Committee, stated, "The scale of the national silver economy exceeded one trillion yuan, accounting for %. Industry forecasts predict it will reach . trillion yuan by , representing .%; and by , it will reach trillion yuan, accounting for %. In the long run, this is a new growth point for economic development."

Currently, our country has entered a moderately aged society. The "National Aging Development Report for the Year 2022" released by the Ministry of Civil Affairs and the National Aging Office on a certain date shows that by the end of 2022, the population aged 60 years and above nationwide was 280 million, accounting for 19.8% of the total population; the population aged 65 years and above was 209 million, accounting for 14.9% of the total population. The dependency ratio for the population aged 65 years and above was 21.8%.

After years of development, the Yanshan area has become a test field for innovative development in elderly care services, with great potential for the future. The Fangshan District Committee and District Government will actively leverage their strengths, increase service provision, and work together with friends from all sectors to continuously inject development vitality into the silver economy, said Bao Jian.

In January this year, the General Office of the State Council issued the "Opinion on Promoting the Development of the Silver Economy and Enhancing the Well-being of the Elderly." Wang Xiaoe, a first-level inspector of the Beijing Municipal Health Commission, stated that the opinion is the first document issued by the state to support the silver economy, and this year is regarded as the元年 of China's silver economy. The silver economy will become an important pillar of the national economy. The silver economy includes the elderly care service industry, health industry, technological products, cultural needs, leisure tourism, and more. The health industry, as an important component, holds significant development potential.

Gao Chengyun, Secretary of the Party Committee and Director of the China Research Center on Aging, conducted an in-depth analysis on the theme of "Building High-Quality Elderly Care Cities to Promote the High-Quality Development of the Silver Economy." He pointed out that constructing high-quality elderly care cities is an inevitable requirement to meet the elderly care needs in a moderately aging society, attract young talents, and strengthen the elderly care industry. He also detailed successful cases from both domestic and international cities that have leveraged their own advantages to create elderly care cities and drive the high-quality development of the entire industrial chain. High-quality elderly care cities should possess characteristics of comprehensive, all-age, all-element, and all-life-cycle elderly care. To build such cities, a mindset of large-scale coordination, shared resources, and a large market should be established.

Huang Shisong, Senior Researcher at the National Academy of Development and Strategy of Renmin University of China and Director of the Aging Industry Research Center, introduced the phased characteristics and path choices of China's silver economy development. He suggested from the perspectives of health aging development opportunities and path optimization, emphasizing the need to focus on the market, target essential needs, identify positioning, adapt to local conditions, promote the industrial development chain, and enhance the well-being of the elderly through the development of the health industry.

The forum also featured a concurrent Silver Economy Industry Expo. The exhibits at the expo covered a wide range of products including health management wearable devices, rehabilitation medical and assistive devices, portable health monitoring equipment, self-service health testing equipment, smart elderly care monitoring devices, and home health care intelligent systems.

This electric kettle is wirelessly connected to an alarm, which can be placed in the pocket of an elderly person's clothing while boiling water. When the water boils, the alarm will start vibrating to provide a reminder. A vendor told reporters that her team has also brought several small home appliances specifically designed for the elderly to this exhibition. "Our company unanimously believes that the silver economy is bound to have great potential. In the future, we will continue to create more intelligent and convenient products for the elderly consumer group."