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China's aging population to boost pharma, challenge auto and tech hardware

Goldman Sachs predicts that China's demographic crisis, marked by an aging population, will create significant opportunities in the pharmaceutical and biotechnology sectors. Conversely, the automotive and technology hardware industries may face increased challenges. Hong Kong and mainland China are projected to be among the world's most aged economies by 2050, with rising old-age dependency ratios and declining fertility rates driving these trends. Companies like Bluestar Adisseo, WuXi XDC Cayman, Sichuan Kelun-Biotech Biopharmaceutical, and Zai Lab are identified as potential beneficiaries due to strong demographic-driven demand. AI

RANK_REASON Analysis of economic impact of demographic trends from a financial institution.

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China's aging population to boost pharma, challenge auto and tech hardware

COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Julie Zhang ·

    As China plans for demographic crisis, some sectors see opportunity

    As China moves towards becoming one of the world’s fastest-ageing economies – a trend causing worry over future productivity and a widening gulf between the country’s working and retired populations – Goldman Sachs said the pharmaceutical and biotechnology sectors could end up th…