Commencing in 2024, a series of policies will be enacted to stimulate both the supply and demand dynamics within the senior care sector. On the supply front, the need for elderly-friendly transformations is immense, with significant untapped potential. Metrics such as elderly care facilities and the allocation of medical resources in China still lag behind those of developed nations, leaving ample room for enhancement. Turning to demand, subsidy policies are anticipated to catalyze the consumption of elderly care services. To this end, China must fortify its elderly care and medical security systems, expedite the rollout of a national long-term care insurance scheme, and incorporate preventive services into public funding to mitigate disability among the elderly. Furthermore, amidst the backdrop of Industry 4.0, there is a pressing need to amplify support for the research and development of elderly care robots and smart homes, thereby fostering the evolution of a diversified silver economy industrial chain.