In the tide of the times, Lao Hu I, as a first-class shareholder, has always maintained a keen sense of the market. Especially in the context of the current global aging trend, the concept of "silver economy" is like a shining pearl, which has aroused my strong interest in the huge value and development prospects behind it.
The "silver economy" originated in Japan in the 70s of the last century, and as Japanese society rapidly entered the stage of super-aging, the service industry and manufacturing industry with the core of meeting the diverse needs of the elderly gradually emerged, forming two pillars of silver service and silver industry. It is estimated that by 2030, Japan's elderly group will account for half of the entire consumer market, which is enough to witness the huge potential of the "silver economy".
On the European continent, in the face of the equally severe challenge of population aging, countries have long been actively arranged, and regard the "silver economy" as a key force to drive domestic demand growth and cope with the challenge of aging. Countries represented by France and Germany, while maintaining and expanding traditional elderly care institutions and community services, are actively exploring new business formats such as smart elderly care, smart homes, and community renovation for the elderly. According to official EU data, the total annual consumption of Europeans over the age of 65 has exceeded 3 trillion euros, which is undoubtedly a strong confirmation of the strength of the "silver economy".
Looking ahead, the market size of the EU's "silver economy" is expected to jump to 5.5 by 20257 trillion euros, and its contribution to the GDP of the entire EU region is expected to reach a staggering 64 trillion euros, accounting for 32%. This means that the "silver economy" will not only shape a new economic growth point, but also bring profound changes to the labor market, which is expected to create about 88 million jobs, accounting for 38% of the total employment in the EU by then, involving housing renovation, personalized services, elderly products manufacturing and other fields.
Globally, the "silver economy" is like a treasure to be explored, and its intrinsic value is not only reflected in the huge consumer demand, but also in the birth of countless emerging industries, technological innovations and social changes. Lao Hu and I firmly believe that the "silver economy" is not only about seizing opportunities in the capital market, but also a broad world that the whole society should explore and cultivate together. Its healthy development will have a far-reaching impact on the future economic and social structure and create a better future for us.