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Hong Kong targets elderly consumers with new ‘silver economy’ drive

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Hong Kong’s leader has announced that a working group would unveil five measures to boost consumption among the older population on Tuesday afternoon, with an aim to address the needs of the city’s burgeoning elderly market. Chief Executive John Lee Ka-chiu explained that the Working Group Promoting Silver Economy, led by deputy chief secretary Warner Cheuk Wing-hing, would coordinate various service areas within the emerging elderly consumption market to stimulate Hong Kong’s economy. “[The...

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