Core Insights - The first Northeast Asia International Silver Economy Cooperation Exchange event was held in Shenyang, Liaoning Province, attracting over 400 enterprises and organizations related to elderly care from more than 30 provinces in China and countries like Japan, South Korea, Germany, and the UK [1][3] - A series of high-tech products aimed at improving the quality of life for the elderly were launched during the event [1] - The scale of China's silver economy is estimated to be around 7 trillion yuan, with projections to reach approximately 30 trillion yuan by 2035, indicating a rapid development phase [5][6] Policy and Development - The event saw the release of policies from 16 departments, including the Liaoning Provincial Civil Affairs Department and the Liaoning Provincial Development and Reform Commission, aimed at promoting high-quality development of the silver economy across 11 areas [3] - The State Council's opinion issued in January 2024 emphasizes the need to focus on diverse demands and cultivate potential industries, including innovation in elderly products and the creation of smart health and elderly care new business formats [6] - The growth of the elderly care market reflects the significant potential of the silver economy, transitioning from mere "elderly care" to "enjoying elderly life," thus opening new economic opportunities [6]