2014年12月2日星期二

Govt boost for eldercare



Govt boost for eldercare


















Govt boost for eldercare






The Chinese central government will pump 2.4 billion yuan ($390 million ) into supporting the eldercare sector, the Ministry of Finance announced Friday. The allocated fund will support eight provinces to develop this industry, said the ministry, without specifying a time frame. It said that the central government funding will act as an incentive for more capital input from local governments, banks and companies, which it is hoped will together establish new funds to boost eldercare development and commercialize eldercare services.





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