Start-ups can promote their latest IT products for the sizable elderly market, as Hong Kong prepares for an "ageing tsunami" in the coming decades, Secretary for Labour and Welfare Law Chi-kwong said. Law said the city has 224,000 elderly citizens aged 85 and above with the number rising to 836,000 in 40 years. He said authorities have been cooperating with the Hong Kong Council of Social Service and the Hong Kong Science Park, in organizing the annual gerontech and innovation expo cum summit since 2017. The expo, which ended on Saturday, gathered some 31,000 visitors and over 160 exhibitors showcasing more than 600 elderly IT products and solutions. The fund has been subsidizing some 1,300 elderly and rehabilitation care units in purchasing or borrowing technology products, lessening the workload of healthcare workers, he said.

Source: The Standard November 07, 2021 13:51 UTC