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China Boosts Elderly Care with Market-Driven Policies

At the recent two sessions in Beijing, Lu Zhiyuan, the Minister of Civil Affairs, unveiled a comprehensive strategy to enhance elderly care services in the Chinese mainland. Emphasizing the pivotal role of market resource allocation, Lu highlighted the government's commitment to supporting a diverse range of market entities.

"Our goal is to promote the scaled, clustered, and branded development of elderly care services," Lu stated during the press conference. By fostering an environment where various providers can thrive, the initiative aims to address the growing needs of the aging population with innovative and accessible solutions.

This market-driven approach is expected to encourage entrepreneurship and investment in the elderly care sector, leading to higher quality services and greater availability across different regions. As Chinaโ€™s demographic landscape evolves, such policies are crucial in ensuring that elderly citizens receive the care and support they deserve.

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