China's 'silver economy' draws Japan nursing care equipment retailers

SHANGHAI/SHIZUOKA, Japan -- Two Japanese specialists in nursing care products are expanding to serve China's growing elderly population, looking to set up a network of 100 stores in the country as early as 2030 as the market balloons.

Yamashita, Welfan aim for 100 stores by 2030 as eldercare market grows

Japanese companies Yamashita and Welfan look to serve China's 60-and-older population, which topped 323 million last year and is projected to surpass 400 million around 2035. (Photo by Tomoko Wakasugi)