Government announces a slew of measures to boost silver economy
發佈日期: 2025-05-27 20:13
TVB News
The government's Working Group on Promoting the Silver Economy announced 30 measures aimed at encouraging the business sector to launch more products and services catering to the needs of the city's elderly population. Authorities also encouraged senior citizens to start their own business.
Hong Kong continues to experience the effects of an aging population. The government estimates one-third of the city's population will be made up of people aged 65 or above by 2043. This would further increase the demand for the "silver market."
Deputy Chief Secretary for Administration Warner Cheuk, who leads the Working Group on Promoting Silver Economy, announced a slew of measures aimed at boosting the silver economy.
The 30 measures cover 5 categories, comprising the development of silver consumption, silver industry, the promotion of quality assurance for silver products and silver finance.
Headed by four policy bureaux, the Commerce and Economic Development Bureau is in charge of half of the measures including the introduction of more silver elements in the business sector.
The Financial Services and the Treasury Bureau will focus on promoting silver finance and security arrangements such as developing more cross-border elderly insurance products.
While the Labour and Welfare Bureau will target the development of the silver employment scheme. Some elderly residents shared their thoughts on the government's measures.
This woman said most jobs discriminate senior citizens for their age, making it difficult to find any work. While this woman said it would be nice to work and be physically active again.
Lawmaker Stanley Li welcomed the government's move, but pointed out the need for authorities to further incentivise silver consumption.
He suggested the government to launch more initialtives and examine other countries' tactics in dealing with an aging population.
