Aged-care Institution Subsidy Firstly Open to Private Sector

Recently, Beijing Municipal Civil Affairs Bureau issued the “Administrative Measures of Operational Subsidy for Beijing Aged-care Institutions”. This "Administrative Measures" is the 2.0 version of the policy issued by Beijing for aged-care institution’s operational subsidy. One of the highlights is to further expand the scope of subsidies and open it to privately-owned age-care institutions for the first time. This policy is aiming to change the current samller number and lower market proportion of the privately-owned  aged-care institutions.