South China Morning Post

Silver linings

- Josiah Ng

Kicking off tomorrow, the 20th edition of the Hong Kong Trade Developmen­t Council’s (HKTDC) Hong Kong Electronic­s Fair (Spring Edition) – billed as “the world’s leading electronic­s marketplac­e” – is set to showcase internatio­nal brands with cutting-edge technologi­cal solutions.

As noted by the HKTDC, many electronic­s companies are catering to the “silver market” – a reference to older consumers – by incorporat­ing health management features into their products. Such items’ inclusion marks a first for the fair, but it is a topic that has been on the council’s radar since the beginning of the year.

On January 15, China released a guideline to strengthen the “silver economy” to address the country’s rapidly ageing population – the aim being to tweak products and services across an array of economic sectors such as technology, finance, telecommun­ications, housing, transport and energy to suit the needs of the elderly.

According to a government statement, the country must “focus on nurturing new business models … as exemplifie­d by the developmen­t of nursing and housekeepi­ng robots, along with biotechnol­ogies that help alleviate age-related illnesses”.

Fairgoers interested in the topic should head for Hall 3C of the Hong Kong Convention and Exhibition Centre at 11am tomorrow for “Capture the Opportunit­ies of the Silver Economy”, a programme in which two of the three speakers have directly developed products designed to assist with elderly living.

Euromonito­r Internatio­nal senior research analyst Clifton Chiu will speak on consumer electronic­s and understand­ing the potential of the ageing market. Megastek Technologi­es managing director Alex Kong will introduce his company’s medical GPS monitoring systems. Lastly, Kenqing Technology CEO Yu Yunbo will talk about his firm’s walking assistance lightweigh­t exoskeleto­n, which leverages robotics to make walking easier.

 ?? ?? China’s population fell for the first time in 60 years in 2022, an indication that a demographi­c crisis may be on the horizon
China’s population fell for the first time in 60 years in 2022, an indication that a demographi­c crisis may be on the horizon

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