Foreign Media: According to Goldman Sachs' latest report, as China accelerates into an aging society, the pharmaceutical and biotechnology industries are poised to be the biggest beneficiaries, while automotive and technology hardware manufacturers face greater pressure.
The report forecasts that by 2050, Hong Kong and mainland China will rank first and eighth respectively among the world’s most aged economies, compared to their positions at 11th and 26th in 2023. Rankings are based on the elderly dependency ratio (the proportion of population aged 65 and above relative to the working-age population) and fertility rates across economies.
Goldman Sachs analysts stated that the healthcare sector will experience the strongest demand drivers from demographic aging.
Original article: toutiao.com/article/1868858811163660/
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