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What experts say Hong Kong gets right and wrong in plan to tap ‘silver economy’

Hong Kong’s plan to tap the multibillion-dollar “silver economy” and bolster elderly residents’ spending power requires measures that will increase their participation in the workforce and give them more income, such as a flexible retirement age and better medical insurance, analysts have said. The government on Tuesday announced 30 measures aimed at reaping the economic rewards of the ageing population. Deputy Chief Secretary for Administration Warner Cheuk Wing-hing outlined five key areas his...


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