Elderly Chinese citizens are embracing a nomadic lifestyle in their retirement years, known as the “migratory-bird” lifestyle. This trend has been identified as a key driver of the silver economy, as retirees seek new experiences and opportunities as they age. This lifestyle involves moving between different locations throughout the year, often in search of better climate and living conditions.
The “migratory-bird” lifestyle has gained popularity among Chinese retirees for a variety of reasons, including the desire for adventure, escaping city pollution, and seeking better healthcare services. Many retirees are choosing to live in warmer areas during the winter months, such as tropical Hainan Island, and then moving back to their hometowns during the summer.
This lifestyle has also been beneficial for the local economies of the areas where retirees choose to settle temporarily. These seasonal residents bring an influx of spending and contribute to the local tourism industry. In response to this growing trend, some cities and regions are developing programs and services specifically tailored to the needs of these “migratory-bird” retirees.
Experts predict that the silver economy in China will continue to grow as more retirees embrace this nomadic lifestyle. With an increasing number of elderly citizens seeking new ways to enjoy their retirement years, the silver economy is expected to become an important driver of economic growth in the country.
Overall, the “migratory-bird” lifestyle adopted by Chinese retirees is not only providing them with new experiences and opportunities but also contributing to the economic development of the regions where they choose to settle temporarily. This changing trend in retirement lifestyle reflects the evolving needs and desires of China’s aging population.
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