China Daily (Hong Kong) : 2019-01-14

BUSINESS : 16 : 16

BUSINESS

16 CHINA DAILY | Monday, January 14, 2019 HONG KONG EDITION BUSINESS Elderly emerge as boom market for mobile payment firms, digital economy players A 75-year-old consumer uses WeChat Pay QR code to pay for a beverage at a convenience store in Urumqi, Xinjiang Uygur autonomous region on Oct 27, 2017. 5.2 241 50 percent million million the ratio of internet users who are 60 or above at the end of 2017, according to a report by the Chinese Academy of Social Sciences people aged 60 or above at the end of 2017, or 17.3 percent of the total population active users above the age of 55 on Tencent’s WeChat messaging app as of September 2017 Consumers browse products at a Miniso store at a shopping mall in Shanghai on Dec 30, 2018. Visitors view products like set-top boxes and dish antennae relating to satellite TV services at the 26th China International Radio and TV Expo in Beijing on March 22, 2018.

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