Hong Kong businesses, social groups create platform to plan for silver economy
Platform aims to devise initiatives to make city more elderly-friendly amid estimates that such residents will account for larger GDP share
Hong Kong businesses, social groups, a major bank and a think tank have jointly set up a platform to devise initiatives to make the city more elderly-friendly through the nurturing of a silver economy.
The Alliance of Silver Economy Development was launched on Tuesday, with the goal of encouraging collaboration between companies and social organisations.
Alliance convenor and lawmaker Chan Hok-fung said local stakeholders had yet to come together to align and implement silver economy strategies, with the new platform aiming to connect all the sectors involved.
“Working with organisations such as Our Hong Kong Foundation, which focuses on research, while the alliance helps unite different stakeholders and initiate concrete and on-the-ground actions, could help push the silver economy,” he said after signing a collaboration memorandum with the foundation, a think tank.