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China’s senior market reaches $2 trillion

The final consumption value of products and services designed with China’s growing older population in mind has reached about 14.4 trillion RMB ($2 trillion). Low-cost travel, e-commerce, livestreaming by older influencers and sorghum wine – an alcoholic drink – are among that population’s top buys according to a white paper from Shanghai-based China Insights Consultancy and Chinese online education service QuantaSing Group.

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