Traditional Culture Encyclopedia - Traditional stories - What do you think of the pension industry?
What do you think of the pension industry?
Pension industry is the general name of related industries that provide material and spiritual services for the elderly. Covers a wide range of fields, such as real estate, medical care, financial consumption and so on. The present situation of China's pension industry is characterized by strong demand but insufficient ability to pay. The low overall consumption capacity of the elderly is a key factor restricting the development of China's pension industry. With the next five to 10 years, babies and their high-net-worth people will start to get older, but at present, the wealth and consumption of the elderly are low, forming an obvious expected difference, which will bring huge incremental cakes and high net worth. A major issue must be handled well, so the pension industry is a sunrise industry, and everyone must pay attention to it.
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