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✉news BusinessEconomy first seen 2 h ago, last 40 min ago, peak #9

Chinese retirees drive consumption and seek greater respect

Original: As Chinese retirees boost consumption, some hope for greater respect in society

China's growing ranks of retirees are becoming a significant force in the country's consumption economy, spending on travel, leisure and services. Beyond their economic weight, many older Chinese say they want greater social respect and recognition of their contributions, as discussions grow about how society values its elderly population amid a rapidly ageing demographic.

Why now: China's ageing population and the rising economic and social influence of retirees make this a timely debate.

ChinaChinese retireesSouth China Morning Post

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