SHANGHAI -- Companies in China are jostling for a slice of the country's "silver economy," riding on the government stimulus aimed at boosting consumption among the growing aging population.
Economy
China's 'silver economy' heats up as government boosts subsidies
Companies bet on growing demand for home renovation, senior-friendly gadgets
Visitors view a model of a high-end nursing home at the International Exhibition of Senior Care, Rehabilitation Medicine and Healthcare in Shanghai on June 12. Occupancy rates in nursing homes remain low in China, partly due to a lack of public trust. (Wataru Suzuki)
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