Chinese Aged Care Market Expected to Reach RMB13 Trillion by 2030, New Report Says

May 22, 2015, 08:42 ET from Research and Markets

DUBLIN, May 22, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/t6nq3s/china_aged_care) has announced the addition of the "China Aged Care Industry Report, 2014-2017" report to their offering.

According to the UN standard (the elderly people aged over 60 accounting for 10% of total population or the elderly people over age 65 occupying 7% of total population in one region), China entered the aging society early in 1999. By the end of 2014, China's population aged over 60 reached 212 million, making up 15.3% of total population, and the people aged 65 and above hit 138.1 million, or 10.1% of total population.

To deal with rapidly aging population, the Chinese government incorporated the issue of aging into the National 12th Five-Year Plan, and has introduced a number of favorable policies and laws & regulations from 2012.

By the end of 2014, the number of urban residents participating in the basic endowment insurance amounted to 341.15 million, a year-on-year addition of 18.97 million; elderly service institutions totaled 38,000, with 5.514 million beds, or 26.01 beds for per thousand elderly people.

Propelled by the huge potential of the industry and multiple positive policies, local real estate developers, insurance companies, and diversified companies have expanded into endowment real estate, medical care, and pension finance fields, especially the endowment real estate market.

Key Topics Covered

1 Overview of Aged Care Industry
1.1 Definition
1.2 Industry Chain
1.3 Models
1.4 Characteristics

2 China's Old-age Security System
2.1 Policies
2.2 Old-age Security
2.3 Health Care
2.4 Financial Security 

3 Chinese Aged Care Market
3.1 Demand
3.2 Supply
3.3 Development Status of Foreign Aged Care Industry

4 Chinese Aged Care Real Estate Market
4.1 Current Development
4.2 Competitive Landscape 
4.3 Profit Models
4.4 Investment Risks

5 Key Enterprises in China Aged Care Industry

Companies Mentioned

  • Beijing Capital Land
  • Bright Food
  • Cherish Yearn
  • China Taiping Insurance
  • Hebei Sanhe Yanda Industrial Group
  • Huichen Life
  • New China Life Insurance
  • Ping An Insurance
  • Poly Real Estate
  • Shanghai Henghui Medical Treatment Technique Progress
  • Sino-Ocean Land
  • Sunset Glow Chain Seniors' Apartment
  • Taikang Life
  • Tianjin Hetong Senior Citizens' Welfare Association
  • Union Life
  • Vanke
  • Zhejiang Double Arrow Rubber

For more information visit http://www.researchandmarkets.com/research/t6nq3s/china_aged_care

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets



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