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GLOBALink | Chinese retirees adopt a “migratory-bird” lifestyle, fueling growth in the silver economy – Xinhua


Chinese retirees are increasingly adopting a “migratory-bird” lifestyle, traveling between their hometowns and cities to enjoy a more fulfilling retirement. This trend is not only reshaping the traditional concept of aging but also boosting the silver economy in China.

The “migratory-bird” lifestyle is becoming more popular among Chinese retirees, who are seeking ways to make their retirement more dynamic and enjoyable. Many retirees choose to spend part of the year in their hometowns, reconnecting with family and friends, and the rest of the year in cities, where they can explore cultural attractions and seek new experiences.

This lifestyle has not only improved the well-being of retirees but has also created new opportunities for businesses in both urban and rural areas. In cities, retirees are spending money on entertainment, dining, and cultural activities, boosting the local economy. In rural areas, retirees are investing in property and starting small businesses, creating jobs and revitalizing communities.

The trend of Chinese retirees embracing a “migratory-bird” lifestyle is also challenging the traditional concept of retirement, which often involved staying in one place and living a quiet life. By traveling between different locations, retirees are able to stay active and engaged, maintaining their physical and mental well-being.

Overall, the “migratory-bird” lifestyle among Chinese retirees is not only enhancing their quality of life but also contributing to the growth of the silver economy in China. As more retirees adopt this dynamic and flexible approach to retirement, the country’s economy is expected to continue benefitting from their spending and investments.

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Photo credit english.news.cn

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