Based on a forecast by the Census and Statistics Department, the over-85s group in Hong Kong would rise sharply 10 years later, and the rapid growth is expected to remain for 20 years. Similar to Hong Kong, Guangdong Province (GD) also sees its growing ageing population with the age of 65 and above exceeding 10 million this year and well above 30 million in 30 years’ time.
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The central government has recently issued a master plan for the Guangdong-Hong Kong-Macao Greater Bay Area development to spur growth in Hong Kong, Macao and nine cities in Guangdong province including Guangzhou and Shenzhen — China’s Silicon Valley. The Bay Area is home to some 70 million people and has a combined GDP of about 10 trillion yuan ($1.49 trillion) in 2017, roughly equivalent to that of South Korea. 繼續閱讀
