How Hong Kong can lead in longevity medicine as silver economy grows

AI Summary

Hong Kong is positioned to lead in longevity medicine as the aging population and 'silver economy' grow across Asia. Beijing emphasizes the aging demographic as a factor in national security and economic development, with China's population over 60 reaching 320 million recently and projected to grow further.

A profound demographic and economic shift is sweeping through Asia, quietly rewriting the rules of national development. The traditional paradigm of treating population ageing as a passive fiscal burden is being dismantled as Beijing makes the “silver economy” and proactive ageing strategies the pillars of national security and economic growth. China’s population aged 60 and above reached 320 million last year, accounting for 23 per cent of its citizenry. This is projected to climb to 400...