Senior care

China’s growing aging population is putting a strain on the nation’s healthcare resources as the average elderly person consumes up to five times more health care resources than a younger person. Presently, 14 percent of China’s population is 60 or older and that total is expected to increase to 30 percent (437 million) by 2050. Consequently, health care services for seniors are expected to represent almost 23 percent of China’s healthcare expenditures and spending on senior care is forecasted to increase to more than 50 percent by 2020.

SeniorCare

To compound this situation, there is a severe shortage of nursing home employees to cope with the size and demands of its aging population.

While there is a growing opportunity for foreign companies to provide home care services and institution-based care to seniors, international firms must first become familiar with the regulatory landscape, cultural considerations, and the expectations of Chinese seniors from different regions of the country regarding costs and services/amenities.

Why attend WMTC China-Boao?

  • Explore business and investment opportunities in China’s senior care sector and learn more about the changing regulatory landscape from industry experts.
  • Learn about the different models in senior care in China including assisted living, nursing care, continuing care retirement communities, and memory care projects
  • Connect with China’s senior care companies to learn about new developments
  • Schedule one-to-one meetings with potential partners in advance online.

2015 Trade Mission Testimonials