Core Insights - The "14th Five-Year Plan" has established a clear development path for the real estate sector and has released key signals in the elderly care industry, emphasizing the development of the "silver economy" and the establishment of a collaborative policy mechanism for elderly care and industry [1][4]. Industry Overview - The elderly care industry is transitioning from merely addressing aging issues to establishing an industrial system and fully activating the "silver economy" [2]. - The silver economy has been recognized as one of the three pillars of new consumption, leading to a competitive landscape for silver economy industrial parks [3]. Market Potential - The silver economy is positioned at a trillion-yuan opportunity, with the central economic work conference in 2022 highlighting the importance of elderly care services alongside housing improvement and new energy vehicles [4]. - By the end of 2024, the elderly population in China is projected to exceed 310 million, with an annual increase of approximately 14 million during the "14th Five-Year Plan" period [4]. Economic Scale - The Fudan University Aging Research Institute estimates that by 2035, the scale of the silver economy will reach 45 trillion yuan, accounting for 22.67% of GDP [5]. Challenges - Despite the potential of the silver economy, it faces three main contradictions: insufficient product intelligence and quality on the supply side, mismatched supply and demand with inventory buildup on the demand side, and fragmented industrial chains with low collaboration [6]. Strategic Development - Silver economy industrial parks are emerging as a new pathway to address these challenges, with 2024 being identified as a breakout year for these parks [8]. - As of 2024, 17 new silver economy industrial parks have been established, bringing the total to over 72 nationwide, with significant concentration in the Yangtze River Delta, Guangdong-Hong Kong-Macau, and Beijing-Tianjin-Hebei economic zones [9]. Future Outlook - By March 2025, the number of silver economy industrial parks in the planning and construction phase is expected to approach 20, totaling 90 parks across the country [10][11]. - These parks are seen as core carriers for resource aggregation and supply optimization, fundamentally reshaping the future landscape of the silver economy [12]. Key Success Factors - New-generation silver economy industrial parks are overcoming traditional challenges through full industrial chain integration, with collaborative capabilities becoming a core competitive advantage [15]. - Examples include the Guangzhou Southern Beauty Valley Industrial Park, which offers a comprehensive support system, and the Tianjin Hedong District Silver Economy Industrial Park, which integrates various high-end sectors [15][17]. - The government-led model is changing the operational dynamics, with unprecedented policy support, such as rental subsidies and operational support for high-rated enterprises [15][16]. Conclusion - The "14th Five-Year Plan" has elevated the "silver economy" to a national strategy, and silver economy industrial parks are entering a critical development phase, focusing on resource integration, industry chain expansion, and service quality enhancement, ultimately driving new growth in elderly care consumption and upgrading the elderly care industry [17].