Telegraph

7x24 real-time news feed, auto refreshBeijing Time:

B
[Three Departments: Inclusive and supportive elderly care institutions are open to all elderly people and provide affordable, quality-guaranteed elderly care services] On October 16, the National Development and Reform Commission, the Ministry of Civil Affairs, and the National Health Commission issued the "Guiding Opinions on Further Improving the Price Formation Mechanism and Promoting the Quality and Expansion of Inclusive Elderly Care Services." It is proposed that inclusive supportive elderly care institutions are open to all elderly people and provide affordable and quality-guaranteed elderly care services, including public and private elderly care institutions that mainly house the elderly in society, as well as private elderly care institutions that receive government support such as site fee exemptions or construction and operation subsidies. The basic service fees of public-owned and public-owned and private inclusive-supported elderly care institutions are subject to government-guided price management; the basic service fees of other socially-run inclusive-supported elderly care institutions shall be determined by the development and reform authorities at the prefecture level and above in conjunction with the industry authorities to clarify the reference range of fee standards, and guide institutions and the government to reasonably determine the specific fee standards in a contractually agreed manner, or implement government-guided price management. The specific fee management method shall be put forward by the provincial-level development and reform authorities in conjunction with the industry authorities, and implemented after approval by the provincial people's government. Non-basic service fees are subject to market-adjusted prices. For inclusive support institutions that take in groups such as the economically disadvantaged and disabled elderly through government purchase of services, their basic service charging standards shall be based on the charging standards of guaranteed-type elderly care institutions.
#Pension10-16 14:38
B
[In the first eight months of this year, China reduced taxes and fees by 245.4 billion yuan to support the development of health and wellness undertakings] On October 12, the latest tax data released by the State Administration of Taxation showed that from January to August this year, China reduced taxes and fees by more than 200 billion yuan to support the development of health and wellness undertakings. The health and wellness industry has shown a rapid development trend. Tax data shows that from January to August this year, the current major policies to support the development of health and wellness services have reduced taxes and fees by a total of 245.4 billion yuan. Among them, the medical services provided by medical institutions are exempt from value-added tax and other policies that support the optimization of health services have reduced taxes and fees by 92.6 billion yuan; community care, childcare, and housekeeping institutions are exempted from value-added tax, and premium income from health and elderly care-related personal insurance products are exempt from value-added tax. Policies that support the development of the health industry and improve health security have reduced taxes and fees by 152.2 billion yuan. Under the influence of tax incentives and various policies, the health and wellness industry has shown rapid development. Value-added tax invoice data shows that from January to August 2026, the sales revenue of the medical equipment and equipment manufacturing industry increased by 16.9% year-on-year, and the sales revenue of the health service industry increased by 15.7% year-on-year. The foundation for high-quality development in the health and health field continues to be consolidated. (CCTV News)
#Pension10-12 21:25
B
[Ministry of Natural Resources: Let idle houses and old buildings be "transformed" into new spaces for the service industry] On September 29, the National Development and Reform Commission held a special press conference to introduce the situation of promoting the expansion and quality improvement of the service industry. Ning Zhenya, deputy director of the Department of Natural Resources Development and Utilization of the Ministry of Natural Resources, said that in recent years, the Ministry of Natural Resources, in accordance with the deployment requirements of "revitalizing the stock, optimizing the increase, and improving the quality," has abandoned the large-scale demolition and construction model and found ways to use existing land, idle houses, and old buildings to better support the development of the service industry, and has issued a series of policy documents. On the one hand, land security for producer service industries is more efficient and flexible. Through systematic planning and classification, we will focus on promoting the redevelopment of inefficient industrial land and the transformation and upgrading of idle factories, and guide various localities to ensure that producer service industry projects are launched and started early, which effectively promotes the development of new productivity; on the other hand, the supply of space for the living service industry is more inclusive and high-quality. In line with the new characteristics of urban development, focus on meeting people's livelihood needs, guide localities to make more use of idle houses and historical buildings, rationally arrange community services, culture and sports, research and other life service facilities, give priority to ensuring the land needs of people's livelihood fields such as elderly care, medical care and health, so as to make people's lives more convenient and comfortable.
B
[The first batch of 22 publicly offered “fixed income+” products were included in the directory of personal pension products] On September 28, personal pension products were officially enriched into the “fixed income+” category. 22 fund managers including E Fund, China Southern, China Europe, China Merchants, China Asset Management, China Universal, Tianhong, Huaan, GF, Penghua, Everwin, and Orient Securities Asset Management also announced that starting from September 29, they will add Y-type fund shares to some of their partial debt hybrid products or secondary debt bases, of which 10 will be partial debt hybrid funds and 12 will be secondary debt bases. This is another important expansion of the list of personal pension funds after pension target FOF and index funds. From the perspective of product pedigree, "fixed income +" products are based on bond assets and enhanced with equity assets. The risk-return characteristics are between stable and aggressive. It just fills the gap between pension FOF and index funds. It means that pension investors who pursue stable returns have a new choice that is more suitable for their needs, and the risk-return gradient of personal pension investment is thus smoother and more complete. Previously, according to the "Notice on the Incorporation of Rights-Containing Secondary Debt Bases and Partial Debt Hybrid Funds into the Directory of Personal Pension Fund Products", rights-containing secondary debt bases and partial debt hybrid funds were officially included in the directory of personal pension fund products. (Reporter Zhou Xiaoya)
B
[Clear procedures for determining major accident hazards in nursing homes, two mandatory national standards for nursing homes released] On September 6, the State Administration for Market Regulation recently released the mandatory national standard "Guidelines for Determining Major Accident Hazards in Nursing Homes". This standard clarifies the procedures for determining major accident hazards in nursing homes based on the safety management experience of nursing homes across the country. This set of rules is both scientific and practical, and can help front-line managers quickly "check in" and accurately identify risks. The "Criteria for Determining Major Accident Hazards in Nursing Homes" mainly includes seven parts: scope, normative reference documents, terms and definitions, determination procedures, determination rules, direct determination elements, and comprehensive determination elements. The recently released "Basic Specifications for Elderly Care Institutions" mandatory national standard will be implemented on August 1, 2027. This standard draws a bottom line on the safety and service quality that nursing homes should have throughout the entire cycle from establishment, operation to exit. The standard systematically puts forward 90 specific requirements in seven aspects, including site selection and construction, facilities and equipment, admission and discharge management, basic services, safety management, operation management, evaluation and improvement of nursing homes.
B
[Beijing: Encourage housekeeping platforms and related companies to accelerate the research and development of new technologies and new products such as innovative elderly care robots and emotional companion robots] On September 4, six departments including the Beijing Municipal Bureau of Commerce issued the "Implementation Plan for Further Improving the Quality of Home Care Services and Promoting the Healthy Development of the Housekeeping Service Industry." The implementation plan proposes to develop new scenarios for digital and intelligent housekeeping services. Accelerate the cultivation and development of housekeeping service platforms, use big data, artificial intelligence and other technologies to carry out user profiling, precise services and tracking evaluations, and achieve accurate docking of supply and demand. Promote housekeeping enterprises to accelerate digital transformation, improve operational management and service efficiency, and better meet the needs of personalized and diversified housekeeping services. Housekeeping platforms and related enterprises are encouraged to accelerate the research and development of innovative elderly care robots, emotional companion robots, smart wearable devices, health monitoring equipment and other new technologies and new products, and explore new models of "human-machine collaboration" to better meet the care service needs of "one elder and one child".
B
[During a survey in Tianjin, Chen Yiqin emphasized: Promote the expansion of elderly care services, improve quality and efficiency, and allow the elderly to enjoy a happy old age] September 3rd, State Councilor Chen Yiqin investigated the elderly care services in Tianjin from the 2nd to the 3rd. She emphasized that it is necessary to thoroughly study and implement the spirit of General Secretary Xi Jinping’s important instructions, deepen the reform and development of elderly care services in accordance with the decisions and arrangements of the Party Central Committee and the State Council, promote the expansion of elderly care services, improve quality and efficiency, and allow the elderly to enjoy a happy old age. Chen Yiqin visited elderly care institutions, elderly care service centers, elderly care communities, etc. to visit and express condolences to the elderly, and learn more about the construction of a three-level elderly care service network, the integration of medical care and elderly care, elderly meal assistance, consumption subsidies for elderly care services, and the development of the silver economy. She pointed out that China's elderly population is large and growing rapidly, and the demand for services for the elderly is increasingly diverse and growing. It is necessary to coordinate various resources, speed up the improvement of the three-level elderly care service network covering urban and rural areas, and continue to optimize the supply of elderly care services based on home, community-based, professional support from institutions, and a combination of medical and nursing care. The bureau focuses on the elderly with special difficulties such as disability and dementia, and strives to expand the supply of inclusive elderly care services; it is necessary to persist in doing its best, within its capabilities, and promote the healthy and sustainable development of elderly meal assistance services according to local conditions; it is necessary to better play the role of the government, the market, and society, and accelerate the establishment of a coordinated development mechanism for the elderly care service industry. It is necessary to tighten the responsibility for safe production, comprehensively do a good job in safety management of various elderly care service institutions, and resolutely maintain the bottom line of safety. Chen Yiqin emphasized that we must adhere to the close integration of benefiting people's livelihood and promoting consumption, promote the implementation of the project to provide consumption subsidies for elderly care services to the elderly with moderate disabilities or above, enrich the supply of aging-friendly products and services, cultivate new growth points for the consumption of elderly care services, and continuously improve the well-being of the elderly. (Xinhua News Agency)