China has one of the fastest aging populations in the world. It's estimated that there were 310 million people aged 60 and above by the end of 2024, accounting for 22 percent of the country's total population. This demographic shift has fueled rapid growth in the smart eldercare industry, supported by new policies and plans centered on the needs of senior citizens.
Manufacturers in China’s "luggage capital" have shipped their products to nearly every corner of the world. Now, with the rise of cross-border e-commerce, many are shifting away from bulk orders and traditional agents, focusing instead on smaller, direct sales and online engagement.
China's shared economy is reshaping industries and slashing costs, as seen with shared bicycles. Now, this model is entering manufacturing, helping small and medium-sized enterprises control costs, ensure quality, and embrace intelligent transformation.
Trade tensions are a major topic of discussion among deputies at the ongoing session of China’s top legislature. Some suggest that the experience gained from managing economic pressures has better equipped domestic enterprises to navigate new challenges.
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