China's New Elderly Care Regulation Opens up to Foreign Investment

Aging populations pose serious challenges for the health and long-term care systems in many countries around the world, according to the U.S. National Library of Medicine. The challenges are particularly acute in China, where demographic shifts are rapid, exacerbated by the recent one-child family policy.

China's State Council has recently released a regulation that seeks to establish a supervision system on elderly care services and deepen reform on public-funded elderly care organs, as the government continues to seek ways to address its aging society. The regulation, released by the State Council General Office, has six sections and 28 measures. It seeks to improve precise investment by the government and requires the protection of the rights and interests of the elderly.