Hong Kong's Silver Economy Projected to Reach HK$500B by 2034

Hong Kong's finance chief Paul Chan announced on September 15, 2026, that the city's elderly care sector is projected to grow into a HK$500 billion (US$63.8 billion) market by 2034, representing a major opportunity for the technology-driven aging-services industry. The government is calling on the sector to deploy advanced technology to capitalize on this 'blue ocean' opportunity.

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Hong Kong’s HK$500b silver economy by 2034 offers ‘blue ocean’ prospects: Paul Chan

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Hong Kong’s silver economy is set to become a HK$500 billion (US$63.8 billion) market by 2034, the city’s finance chief has said, urging the elderly care industry to deploy technology and explore cross-border opportunities. Financial Secretary Paul Chan Mo-po said on Monday that Hong Kong’s ageing population presented both a challenge and a “promising blue ocean” market opportunity for the city, w

Hong Kong finance chief urges Cathay to keep fares attractive, add routes

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Hong Kong’s finance chief has called on Cathay Pacific Airways to offer attractive fares and expand its route network, as China’s national development plan reinforces the city’s status as a global aviation hub. Speaking at Cathay’s 80th anniversary celebration on Tuesday, Financial Secretary Paul Chan Mo-po described the flag carrier as more than just a transport provider, calling it an ambassador