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✉news BusinessEconomy first seen 16 h ago, last 5 h ago, peak #9

China's retirees drive consumption growth but seek social respect

Original: As Chinese retirees boost consumption, some hope for greater respect in society

China's growing population of retirees is becoming a significant force in the country's consumption economy, spending on travel, leisure and lifestyle goods. Alongside their economic weight, many older Chinese say they want greater respect and recognition in society, arguing their contributions are often overlooked as youth-focused narratives dominate discussions of China's economic future.

Why now: Retirees' rising economic influence in China has sparked fresh debate about how older people are valued in society.

ChinaSouth China Morning Post

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