Zhang Guosheng, Deputy Director of the Department of Trade in Services and Commercial Services of the Ministry of Commerce, stated that the Ministry of Commerce will promote the development of the silver economy through measures such as expanding opening up to the outside world and promoting the development of the domestic service industry.

date
06/11/2025
On November 6th, at the sub-forum of the Hongqiao International Economic Forum "Accelerating the Development of Silver Economy and Cultivating New Economic Growth Drivers", Zhang Guosheng, Deputy Director of the Department of Service Trade and Business Services of the Ministry of Commerce, stated that the Ministry of Commerce will focus on promoting the development of the silver economy from four aspects: First, further promote the opening up of the elderly care services sector to foreign investment. Revise the "Guidance Catalogue for Foreign Investment Industries", add relevant items supporting the development of the elderly care industry, and guide more foreign investment into the elderly care sector. Relying on major exhibitions such as the Import Expo, Canton Fair, Service Trade Fair, Digital Trade Fair, and Consumer Expo, as well as other economic and trade cooperation platforms, introduce more international advanced elderly care concepts, products, services, and technologies, while supporting more Chinese companies to expand into international markets and continuously improve the level of development of the elderly care industry. Second, actively leverage the important support role of the household services industry in the development of the silver economy. Introduce policies and measures to promote the high-quality development of the household services industry, improve the credit information platform system for household services, strengthen the construction of household services industry brands, promote the digital transformation of household service enterprises, strengthen the training of household service workers, and create a good industry ecology environment for home-based elderly care. Third, accelerate the construction of convenient living circles. Consider elderly care services as a necessary format in convenient living circles, guide appropriate concentration of elderly catering, reading, socializing, leisure, and sales of elderly products, and actively create a "Silver Street". Fourth, encourage various themed consumer promotion activities. Carry out various forms of promotions and discounts around the theme of respecting and caring for the elderly, encourage e-commerce companies to actively expand new scenarios and formats for elderly care services, encourage comprehensive shopping malls, home furnishing stores, and other places to set up "Ag... (Translated text cut off. Please enter less text for a complete translation.)