China could further open up healthcare sector to foreign investors as population ages

Chinese policymakers are stepping up efforts to boost spending on services at home to drive more growth. One sector they are turning to is the silver economy. Currently, those above the age of 60 account for about 23% of China's total population. By 2035, this group is predicted to reach 30%, or more than 400 million. Reports suggest a gap in the palliative care sector, with less than 3% of patients having access. As thousands of delegates gather in Beijing for the annual Two Sessions in March, healthcare will be among the key areas to watch. Tan Si Hui reports.