进入"十五五"，人口老龄化、劳动力大龄化将更加明显—— 放宽就业社保年龄限制，意味着什么？(这些新提法，写入"十五五"规划建议⑩) "稳妥实施渐进式延迟法定退休年龄，优化就业、社保等方面年龄限制政策"——《中共中央关于制定国 民经济和社会发展第十五个五年规划的建议》中，关于就业、社保的这一表述吸引关注。 李璐分析，在延迟退休实施之前，我国原法定退休年龄是女职工50周岁、55周岁，男职工60周岁，超过 年龄的求职者就难以签订劳动合同并缴纳社保了。配合延迟法定退休年龄政策就需要优化对上述年龄的 限制，让劳动者也相应可以签订劳动合同、缴纳社保等。 进一步规范劳动用工市场 根据"十五五"规划建议，稳妥实施渐进式延迟法定退休年龄，优化就业、社保等方面年龄限制政策，积 极开发老年人力资源，发展银发经济。如何理解其重要性？ 当前，中国人口和劳动力总量呈现减少趋势，人口老龄化、劳动力大龄化更加明显。在此背景下，优化 就业社保年龄限制政策意味着什么？ 破除针对特定年龄段的不合理约束 今年1月1日起，渐进式延迟法定退休年龄已在中国实施。居民就业、社保等方面的选择和情形随之发生 变化。 比如1972年9月出生的男职工，改革后的法定 ...

中央经济工作会议的召开，为新一年经济工作启航标定了方向。"拓展'人工智能+'""办好民生实事"等关键部署，被列为2026年经济工作的重点任务。当 前，我国60岁及以上老年人口已超过3.1亿，当以人工智能为代表的新兴产业与银发浪潮相遇，最先进的科技与最普惠的民生"双向奔赴"，会在接下来经济 发展的新航程中，解锁哪些全新应用场景，孕育出怎样的产业新机遇？ 在湖南长沙的一个社区养老服务站，有一个会看诊的小机器人。老人们每天去服务站监测血压、简单问诊。这个小机器人还是老人们的"文娱小伙伴"。 这款机器人是湖南一家科技公司研发出来的。这家公司推出的健康陪护类人形机器人，主要围绕助医、助行、助餐等方面，为老人提供陪护功能。他们让机 器人学习弹钢琴，是为了锻炼它的手指灵活度，好让机器人尽早实现更细致的家庭照护服务。 为了让机器人将来能胜任健康陪护的工作，研发团队还在训练机器人学习艾灸、按摩。 设计这位"实习生"的科技公司，开发了一些针对老人的特定场景，他们做了很多姿态算法，当发生紧急情况的时候，机器人会第一时间识别并发出通知，可 以及时处理突发状况。 在广东深圳一家养老院里，机器人承担了很多工作，包括24小时监护老人的生命 ...

Industry Overview - The service consumption sector in China has significant growth potential, with the current GDP per capita exceeding $13,000, indicating a shift from goods to service consumption as the economy matures [4][7][24] - The proportion of development-oriented and enjoyment-oriented service consumption in China is relatively low, particularly in cultural, leisure, and health sectors, suggesting substantial room for improvement [4][7][24] - Recent government policies at both central and local levels have been introduced to support service consumption, focusing on the needs of the elderly and Generation Z, which are expected to drive growth in health, tourism, and new consumption sectors [4][7][24] Tourism and Travel - The domestic tourism market is projected to grow significantly, with 4.998 billion trips expected in the first three quarters of 2025, reflecting an 18% year-on-year increase [8][46] - The government has implemented various supportive policies to enhance tourism, including the issuance of travel vouchers and promotional activities to stimulate demand [8][58] - The tourism industry is undergoing consolidation, with companies optimizing resources and enhancing operational efficiency to drive high-quality development [8][58] Local Lifestyle - The restaurant industry is expected to see steady growth, although there is significant market differentiation, with high-end dining facing challenges while mass dining remains robust [10][10] - The tea beverage sector is experiencing growth driven by delivery services, with leading brands expanding their store presence despite potential challenges from subsidy reductions [10][10] - Meituan is facing increased competition in the delivery market, with a focus on improving operational efficiency and service quality to enhance long-term value [10][10] Education and Employment - The education sector is gradually recovering, with leading institutions expected to gain market share due to their brand strength and resource capabilities [11][11] - The human resources sector is seeing structural demand recovery, with AI technology providing opportunities for cost reduction and efficiency improvements [11][11] Summary of Investment Opportunities - Investment opportunities are concentrated in sectors that combine valuation safety margins with growth logic, particularly in health, tourism, and new consumption areas driven by demographic changes [4][7][24]

国金证券首席经济学家宋雪涛表示，今年的中央经济工作会议确定明年经济工作首要任务为"坚持内需 主导，建设强大国内市场"。通过提振消费"组合拳"、加快补齐内需短板是明年经济增长的主动力和稳 定锚。宋雪涛表示，增强居民消费能力是提振消费的关键，核心在于推动重点群体增收减负。在增收方 面，通过促进就业、完善社会保障体系、优化收入分配结构等一系列举措，稳步扩大中等收入群体规 模，推动形成橄榄型分配格局，进而提高居民整体消费倾向。减负方面，持续完善教育、医疗、住房等 公共服务体系至关重要。通过发放育儿补贴、推动免费学前教育、推广养老服务消费补贴、提高城乡居 民基本养老金等举措落实"投资于人"，是增强居民消费能力的重要抓手。宋雪涛还提到，培育新型消费 有望成为明年提振消费的新抓手。发改委近日明确表示，将"加快出台实施首发经济、赛事经济、电子 商务、'人工智能 +'消费等领域提振消费的政策，大力发展银发经济和冰雪经济"，这些领域有望成为明 年消费的重要增量。 ...

此外，消费渠道也在发生变化。"过去消费是从线下到线上转移的过程，现在开始重新重视用户线下体 验感。"黄卓说，未来线上和线下相结合，可能是新的消费趋势。除了产品功能价值外，大家也越来越 看重消费的社交价值、情绪价值和认同价值。 12月16日，北京大学国家发展研究院副院长黄卓在"国是论坛：2025年会"上发表演讲。中新社记者 蒋 启明 摄 三是人工智能带来的机遇。黄卓表示，AI的能力取决于算力、算法和数据，中国正在大力发展国产算 力基础设施，在此过程中有巨大增量需求，带动算力基础设施重构，适应人工智能计算的发展。同时， 中国更为看重人工智能的应用，让AI带动产业全要素智能化转型升级，从而提升各行各业生产力。 黄卓称，在需求侧，人工智能生成内容和人机交互多模态的特性使其能够满足消费者个性化需求，未来 在养老、金融、医疗等领域可以提供千人千面的服务。在供给侧，人工智能可以助力降本增效，赋能劳 动力，从而发挥更大价值。(完) 中新网北京12月16日电 (记者 尹倩芸)北京大学国家发展研究院副院长黄卓16日在中国新闻社主办的"国 是论坛：2025年会"上表示，未来20年中国经济将迎来出海、新消费、人工智能三大新机遇。 具 ...

Core Viewpoint - The trend of "wintering" among the elderly is increasing, with various regions enhancing services to cater to the needs of the silver-haired population, transforming "bird-like retirement" from feasible to high-quality, thus injecting strong momentum into the silver economy [1]. Group 1: Travel Trends - Many elderly individuals are choosing to travel south for the winter, with the Z384 train from Changchun to Haikou becoming a popular option, where nearly half of the passengers are aged 60 and above [3]. - The Z384 train journey spans 11 provinces and cities, covering 22 stations, providing a scenic experience over nearly 48 hours [3]. Group 2: Comfort and Safety Enhancements - The train has undergone modifications to improve comfort and safety for elderly travelers, including equipping each carriage with a medical kit containing common medications and emergency supplies [5]. - The enhancements aim to ensure the health and well-being of senior passengers throughout their journey [5]. Group 3: Travel Experience - Elderly travelers not only enjoy the changing scenery but also come prepared with seasonal clothing and local specialties from their hometowns, referred to as "Northeast gift packages" [7].

东方网记者王佳妮12月16日报道：中信保诚人寿与胡润百富联合日前发布《中信保诚人寿「传家」∙ 胡 润百富2025中国高净值人群品质养老报告》（以下简称《报告》）。本次发布会立足长三角经济创新枢 纽，深度聚焦国内人口结构转型背景下，高净值人群在养老规划、资金配置及服务诉求方面的最新趋 势。 胡润百富董事长兼首席调研官胡润对《报告》进行了深度解读。数据显示，人工智能（AI）正深度重 塑高净值人群的养老生活图景。在医疗健康领域，近半数受访者关注远程医疗与可穿戴智能设备，四分 之一的人群主动关注AI诊疗与智慧医院建设；在生活辅助方面，27%的受访者看重养老机构的智能化水 平；而在精神文化层面，31%的人群表示未来将尝试AI绘画、作曲等数字创作。这表明，智能科技已从 单一的健康管理渗透至生活服务与财富规划的全链条，成为品质养老的重要赋能者。 在健康管理机构选择上，高净值人群呈现出明显的"专业导向"与"多元并存"特征。《报告》指出，公立 医院体检中心凭借专业医疗优势仍是核心选择；中医医疗机构紧随其后，凸显了传统医学在预防保健领 域的独特价值；私立高端机构则以定制化服务占据一席之地。在抗衰老措施方面，虽然饮食管理与规律 锻 ...

Core Viewpoint - China Pacific Insurance's Taibao Jiayuan has launched two new senior care communities in Beijing and Sanya, marking a significant step in its strategy to address the aging population and contribute to the silver economy [1][3]. Group 1: Community Launch Details - The Beijing International Elderly Care Community and Sanya International Leisure Care Center opened on December 14, 2025, after breaking ground on December 29, 2022, showcasing a commitment to high-quality elderly care [3][9]. - The Beijing community features over 60,000 square meters of space with 418 elderly apartments, designed to meet diverse needs with a focus on personalized care services [3][4]. - The Sanya center spans 46,000 square meters and includes 303 leisure care apartments, emphasizing a Mediterranean theme and offering various wellness activities [6][8]. Group 2: Service Offerings and Innovations - Both communities provide multi-disciplinary care services tailored to individual health profiles, including customized dining, rehabilitation training, and chronic disease intervention [4][9]. - The Beijing community has received recognition for its barrier-free and age-friendly design, aiming to set a benchmark for elderly care facilities across the country [4][7]. Group 3: Strategic Partnerships and Collaborations - The opening events included signing ceremonies with various partners, enhancing the collaborative efforts in building a comprehensive elderly care ecosystem [7][8]. - Partnerships with organizations like the China Association of Volunteers for the Disabled and Fudan University aim to integrate resources for innovative elderly care solutions [7][8]. Group 4: Business Development and Future Plans - With the launch of these two communities, China Pacific Insurance has operationalized 14 out of 15 planned Taibao Jiayuan projects, establishing a nationwide elderly care service network [9]. - The company aims to strengthen the synergy between insurance and elderly care services, enhancing its product and service offerings to drive growth in both business and social value [9].

Group 1 - The central economic work conference emphasizes the importance of boosting consumption and expanding domestic demand, indicating a favorable policy environment for new consumption growth [4][5] - Structural policies are expected to enhance consumer capacity through fiscal subsidies, tax incentives, and social security improvements, particularly benefiting the elderly consumption sector [4] - The new consumption sectors, including service consumption, digital consumption, and green consumption, are set to receive significant policy support for development [4] Group 2 - Tax data shows strong growth momentum in new consumption areas, with retail sales of communication devices and home appliances increasing by 20.3% and 26.5% year-on-year, respectively [4] - The "event economy" and "silver economy" are gaining traction, with sports services and elderly care services seeing year-on-year growth of 29.7% and 33.6% [5] - Cultural tourism consumption is also thriving, with revenues from artistic performances and travel services growing by 15.6% and 10.8% year-on-year [6] Group 3 - The Hong Kong stock market offers a more balanced distribution of new consumption sectors, making it a focal point for investment in consumer stocks [7] - The newly revised CSI Hong Kong Stock Connect Consumption Theme Index aims to enhance precision and representation by focusing on 50 consumer-related securities [9] - The index upgrade includes stricter liquidity requirements and weight limits for individual stocks, ensuring better representation of the new consumption sector [12][13]

Core Viewpoint - The demand for "winter migration" among the elderly is increasing, with significant growth in flight bookings to warm destinations like Hainan, Yunnan, and Guangxi, indicating a robust "silver economy" driven by tailored services for senior travelers [1][8]. Group 1: Travel Trends - Since October, flight bookings to winter retreat destinations have doubled year-on-year, reflecting a growing trend among the elderly to migrate south for the winter [1]. - The Z384 train from Changchun to Haikou has become popular, with nearly half of the passengers being seniors aged 60 and above, showcasing the appeal of long-distance travel for this demographic [1][5]. Group 2: Services for Elderly Travelers - The Z384 train has undergone senior-friendly modifications, including the addition of medical kits stocked with essential medications and emergency supplies to ensure the health and safety of elderly passengers [3][7]. - Various regions are enhancing their services to cater to elderly travelers, such as larger signage and rest areas in markets, making the travel experience more comfortable and accessible [8][10]. Group 3: Community and Cultural Integration - In places like Yunnan and Guangxi, local communities are implementing services that alleviate the feelings of homesickness among elderly migrants, transforming temporary stays into comfortable long-term residences [8][10]. - Cultural centers and libraries in cities like Zhuhai are adapting their programs to engage elderly residents, fostering a sense of community and belonging through tailored activities and volunteer opportunities [12][14][16].