Your time is your new currency

In this episode of Round Table, Niu Honglin, along with Fei Fei and Steve Hatherley, explore the concept of time banking as a potential solution to the challenges posed by China's aging population. They discuss how time banking works, its history, and examples of its implementation in various countries, including China. The conversation covers the potential benefits of time banking, such as providing affordable care, fostering community connections, and addressing the shortage of professional caregivers. They also address challenges such as ensuring transparency and trust, and the need for broader participation, including younger generations. The hosts further examine innovative approaches like shared grandma and the integration of technology to support elder care, emphasizing the importance of both practical assistance and emotional support for the elderly.