Goldmine in elderly care market

By 2020, 243m people in China will be aged 60 years or above, requiring specialist healthcare services

China faces an unprecedented challenge: as of January this year, 15.5 percent of the population, or a staggering 212 million, were aged 60 years or above. But that is an opportunity, said some foreign investors such as the United Kingdom companies engaged in the business of elderly care services.

In late November, delegates representing 20 such UK companies participated in an expo entitled Healthcare is GREAT - Elderly Care Showcase in Shanghai, in an attempt to seek trade partnerships with Chinese investors, care deliverers and local governments.