• Karakters_1_samenwerking

    Samenwerking | 合作

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    Werelden verbinden | 国际接轨

  • Karakters_6_ontwikkeling

    Ontwikkelingen | 发展

  • Karakters_5_samenwerking

    Samenwerking | 合作

  • Karakters3_uitwisseling

    Uitwisseling | 交流

  • Karakters_4_kennis

    Kennis | 知识

"Elderly care is a huge market on the mainland, but making it a success is a challenging task. As a business operator with nearly 20 years of experience in this market, we are still groping along," said Ms Liang Yue, Manager of Guangzhou Shouxing Building. Liang’s experience in managing the business and her views on the market environment and operation of elderly care establishments on the mainland provide valuable references for Hong Kong companies interested in this market. Guangzhou Shouxing Building is a large private-sector elderly care provider offering residential care, temporary care, recreation, rehabilitation and medical services. There are different establishments under the group, including Jinpan elderly care centre, Guangzhou Shouxing Building, Dayuan nursing home, Youhao retirement home, Youhao service centre and Guangzhou Friendship Hospital. With nearly 10,000 beds in total, the group is Guangzhou's largest elderly care establishment. Nearly two decades of experience also gives it a deeper understanding of the elderly care service market on the mainland. "Demand for elderly care service has been growing as population aging accelerates. In an effort to meet market demand, we have increased our number of beds by nearly 5,000 in the past three years," said Liang. The government has also increased its policy support for and investment in elderly care establishments. The annual increase in the number of beds has been raised to 10,000 from 8,000 as originally planned, bringing the total number to 56,000 by the end of 2015 and to over 72,000 by 2020.

It is clear from available data that both supply and demand are on the rise, but a closer look at the occupancy rates shows that considerable differences exist between government-run and private establishments. Demand for beds in government-run institutions is quite tight and is . . . . read more 

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