The relative poverty rate of South Korea's elderly stood at 49.6 percent in 2013, four times the OECD average, according to the latest available data. The elderly suicide rate rose from 35 per 100,000 persons in 2000 to 82 in 2010, also far above the OECD average of 22.
The report said although entertainment consumption only accounts for 3 percent of Chinese consumers' overall spending, which is lower than the average of 9 percent in developed countries and regions, the growth potential is still huge. Meeker said that China's entertainment industry is in a "golden age".
The report showed that the average year-on-year nation brand value growth of the developing economies was 13.9 percent, compared with mere 0.4 percent for the developed economies.
The report said two fugitives on the Red Notice list have been returned to China this year. Hu Yipin, the former head of Bank of Communications in Wenzhou, Zhejiang province, was arrested in Vietnam and sent back to China in April. Qiang Tao, an accountant at China Railway Construction Corporation, was caught in Myanmar and returned to China in May.
The report states: "The growth of the ranking from 2017's 30 brands to this year's 50 brands is in part due to the rapid pace at which Chinese businesses are pursuing global expansion. Many of China's brands are championing President Xi Jinping's 2013 Belt and Road Initiative, answering China's clarion call for a new era of globalisation in what has been called the biggest development push in history.
The report showed that China is moving towards a cashless society, as the search requests for purses on Alibaba's e-commerce platforms dropped in 2017, for the first time in history.
北京网站排名优化
The report said Paik told Kwon to reconsider the decision during a meeting with senior executives from South Korea's chip and electronics industry on Monday. Paik also asked Kwon to set up more factories in South Korea.
The report reaffirmed the government's plan to curtail the use of nondegradable plastic packaging, plastic tape and single-use plastic woven bags at postal and express service outlets by 2025.
The report noted staying in touch with friends was only the third most important reason Gen Z used social media. Filling up spare time and finding entertaining content were first and second respectively, which explains the popularity of apps such as TikTok among Gen Z.
The report suggested an equal retirement age for men and women, which would provide women with more opportunities to work in senior positions, and implementing family-friendly work practices, such as remote and flexible working.