The two countries share aging woes and are looking for ways to turn them into profit
Taiwan News
Date: 2019/11/19
By: Huang Tzu-ti, Taiwan News, Staff Writer
TAIPEI (Taiwan News) — The Commerce Development Research Institute (CDRI) and the Tokyo
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As Taiwan and Japan are faced with the shared problem of an aging society, the two should seek to capitalize on the irreversible trend and make it a driving force of economic growth, reckoned Hsu Tain-tsair (許添財), chairman of CDRI.
It is wrong to treat the elderly, who may have lost productivity, as a burden on society, Liberty Times quoted Hsu as saying. The senior population should be considered a key force that has the potential of boosting the economy with changes in consumer behavior and demographic composition, he added.
With the partnership, the Taiwanese government-sponsored think tank and the Japanese bank group will team up to promote a series of projects. These will include the development of senior-friendly facilities, the incorporation of Internet of Things (IoT) technologies into nursing homes, the provision of know-how in dining services targeting elders, and more. [FULL STORY]
