Core Insights - The report highlights that Jiangsu Province is experiencing its first zero growth in permanent population, with a slight rebound in birth rates and a notable increase in the elderly population, particularly among younger seniors aged 60-64 [1][2][3] Population Trends - By the end of 2024, Jiangsu's permanent population is projected to remain at 85.26 million, marking a zero growth compared to 2023 [2] - The birth rate is expected to increase to 426,000, up by 17,000 from 2023, marking the first rise since 2016 [2] - The elderly population aged 60 and above will reach 21.75 million, accounting for 25.5% of the total population, which is 3.5 percentage points higher than the national average [2] - The population aged 65 and above will be 15.94 million, representing 18.7% of the total, exceeding the national average by 3.1 percentage points [2] Silver Economy Development - Jiangsu is actively promoting the silver economy as a response to population aging, focusing on high-quality development in sectors such as elderly product manufacturing, elderly care services, and anti-aging industries [3] - The government has introduced a plan to accelerate the development of over ten specific areas within the silver economy, with 19 units applying to establish silver economy characteristic parks [3] Elderly Care Services - Jiangsu has developed a comprehensive elderly care service system that integrates home, community, and institutional care [4] - The province has established over 8,000 elderly meal assistance points, serving 1.356 million seniors [4] - A total of 1.8 million home community care service stations have been built, covering 85.7% of the elderly population, providing services to 3.7 million seniors [4] Institutional Development - There are currently 2,240 operational elderly care institutions in Jiangsu, with 41 classified as level five institutions, the highest in the Yangtze River Delta region [5] - The province has over 60% of its 60,700 caregivers certified through vocational skills recognition [5] Medical and Elderly Care Integration - Jiangsu is promoting the integration of medical and elderly care services, with 89 secondary and above elderly hospitals and 432 nursing homes established [6] - More than 97% of public hospitals at the secondary level or above have set up geriatric departments [6] Age-Friendly Society Initiatives - Jiangsu is advancing the construction of an age-friendly society, focusing on both hardware and software improvements [7] - The province has achieved a 100% compliance rate for the construction of elderly care facilities in new residential areas [7] - Over 1,000 barrier-free public transport stations have been newly built or renovated, with more than 17,000 low-floor buses in operation [7] Support for the Elderly - Jiangsu has established 2,804 age-friendly medical institutions, providing priority services for seniors [8] - A total of 2.08 billion yuan has been allocated for respect-for-the-elderly funds, benefiting 3.32 million seniors aged 80 and above [8] - Legal aid services for the elderly have been expanded, with nearly 8,000 cases handled [8]

Group 1 - The report highlights that Jiangsu Province is experiencing a significant demographic shift, with a stable population and an increase in the elderly population, indicating a trend towards aging society [1][2] - In 2024, the elderly population aged 60 and above reached 21.75 million, accounting for 25.5% of the total population, which is 3.5 percentage points higher than the national average [1] - The province has achieved a per capita life expectancy exceeding 80 years, reflecting improvements in the healthcare system and overall resident health [2] Group 2 - Jiangsu has entered a "longevity era," with 3.25 million residents aged 80 and above, representing 15.29% of the elderly population, and 8,811 centenarians, an increase of 128 from the previous year [2] - The educational level of the elderly population has improved, with 15.87% having a high school education or above, indicating a potential "second demographic dividend" [2] - The provincial government is integrating active aging concepts into economic and social development, promoting the development of an elderly-friendly society [3] Group 3 - Jiangsu has established a comprehensive social security system for the elderly, with over 63.44 million people covered by long-term care insurance, the largest scale in the country [4] - The basic pension for urban residents has been increased from 208 yuan to 228 yuan, marking the 14th consecutive increase [4] - The province has initiated a professional title system for elderly care, enhancing the professionalization of the elderly service workforce [4]

Group 1 - The silver economy is becoming a significant contributor to China's economic growth, with sales revenue in elderly care services growing by 40.9%, 14.1%, and 8.8% respectively in various sectors compared to the national average [1] - The current scale of China's silver economy is approximately 7 trillion yuan, expected to reach 30 trillion yuan by 2035 [1] - Financial support is crucial for the development of the silver economy, with a series of innovative financial policies being introduced to enhance the sector [2][3] Group 2 - The People's Bank of China has established a 500 billion yuan service consumption and elderly care re-loan program to encourage financial institutions to support key service sectors and the elderly care industry [3] - The implementation of financial policies has already shown results, with significant loans being allocated for upgrading elderly care facilities and services [3] - Challenges such as payment capability disparities among the elderly, varying service quality, and a shortage of professional caregivers remain prominent in the silver economy [3][4] Group 3 - A multi-layered and diversified pension financial system is needed to address existing challenges and unlock the potential of the silver economy [4] - Financial institutions are encouraged to develop tailored financial products for the elderly, with over 1,000 pension products currently available [4] - There is a need for increased investment in the elderly care industry, with banks developing credit products suited to the sector's characteristics [4] Group 4 - The rise of the silver economy is not only a response to an aging population but also a new engine for domestic demand [5] - Continuous and precise financial support is expected to enhance growth momentum in the silver economy, contributing to high-quality economic development in China [5]