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Chinese retirees
Trends
- 1Chinese retirees drive consumption and seek greater respect▼As Chinese retirees boost consumption, some hope for greater respect in society
China's growing ranks of retirees are becoming a significant force in the country's consumption economy, spending on travel, leisure and services. Beyond their economic weight, many older Chinese say they want greater social respect and recognition of their contributions, as discussions grow about how society values its elderly population amid a rapidly ageing demographic.