What's Happening?
On October 16, 2025, the International Longevity Centre – UK (ILC) held a round table discussion in London to explore the potential of a thriving longevity economy in China. The event was chaired by ILC Trustee
Tim Fassam and included participants from academia, business, and policy sectors. The discussion focused on demographic changes and innovation opportunities, supported by early findings from ongoing research into China's ageing population. Key highlights included China's rapid ageing, labour market pressures, and the consumption landscape, with a focus on sectors where UK strengths intersect with Chinese demand.
Why It's Important?
The round table discussion underscores the global significance of demographic shifts, particularly in China, where the ageing population presents both challenges and opportunities. The collaboration between the UK and China could lead to advancements in healthcare, finance, and technology sectors, benefiting both countries. The UK's expertise in regulatory frameworks and quality care, combined with China's scale and innovation, could foster mutual growth and address global ageing challenges. This partnership highlights the importance of viewing older populations as active contributors to society, not just consumers.
What's Next?
The ongoing collaboration between the UK and China is expected to continue, with further research and discussions aimed at addressing the challenges of an ageing population. Future initiatives may focus on sustainable pensions, integrated care, and fostering healthy ageing. The insights gained from China's rapid experimentation with new technologies and large-scale ageing markets could inform global strategies. Continued dialogue and collaboration are essential to developing practical responses to the challenges posed by population ageing.
Beyond the Headlines
The round table discussion highlights the ethical and cultural dimensions of ageing, emphasizing the need to view older individuals as creators and contributors. The event also reflects the importance of international collaboration in addressing demographic changes, with the UK and China offering valuable lessons to the global community. The ILC's role in shaping dialogue on ageing and the longevity economy is crucial in fostering innovation and partnership across borders.