Health care and elderly care industries

China is currently entering the aging society at the soonest in developing countries. According to the updated population census data statistics of China, since 2016 when the universal two-child policy had been put into practice, the total labor force population will be 0.98 billion by 2020, 0.925 billion by 2030 and nearly 0.75 billion by 2050.

According to the estimation based on the current population structure, the proportion of aging population may increase sharply, and population at 60 years old or above may exceed 40% by 2052. Whereas, young population at 0-14 years old may keep falling to less than 9% by 2054. The total social dependency ratio may increase to 40% by 2021 and outnumber 70% by 2054; the total social dependency ratio may reach 82% or so by 2090. Every 100 labors may have to support 82 children or elderly people, equaling to 3.73 times of that in 2010; furthermore, for the 82 children or elderly people, there is 67 elderly people and only 15 children.

Adopting medium- and long-term policies, the HyalRoute Group has globally invested elderly care projects that combine health care with elderly care and effectively integrated leisure, entertainment, elderly care, travel and recovery projects. It has advocated “slow life” idea to enhance health and happiness indexes of the population who cares about livelihood and cares for life through setting up slow life city projects.