A shopping district in Shanghai. China’s baby boomers will have greater independence and freedom to pursue their preferred lifestyle after retirement, according to the Credit Suisse report. Photo: Shutterstock Images A shopping district in Shanghai. China’s baby boomers will have greater independence and freedom to pursue their preferred lifestyle after retirement, according to the Credit Suisse report. Photo: Shutterstock Images
A shopping district in Shanghai. China’s baby boomers will have greater independence and freedom to pursue their preferred lifestyle after retirement, according to the Credit Suisse report. Photo: Shutterstock Images
China economy
Business /  China Business

China’s retiring ‘baby boomers’ a shot in the arm for tourism, fitness and insurance sectors: Credit Suisse

  • Generation that followed Great Famine benefited from opening up in 1978, economy growing 90 times
  • Upcoming retirement of about a fifth of China’s population will lead to business opportunities, Swiss investment bank’s China Quantitative Insight team says

Topic |   China economy
Yujing Liu
Yujing Liu

Updated: 10:39pm, 14 Sep, 2020

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A shopping district in Shanghai. China’s baby boomers will have greater independence and freedom to pursue their preferred lifestyle after retirement, according to the Credit Suisse report. Photo: Shutterstock Images A shopping district in Shanghai. China’s baby boomers will have greater independence and freedom to pursue their preferred lifestyle after retirement, according to the Credit Suisse report. Photo: Shutterstock Images
A shopping district in Shanghai. China’s baby boomers will have greater independence and freedom to pursue their preferred lifestyle after retirement, according to the Credit Suisse report. Photo: Shutterstock Images
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