Guangxi Health Endowment Industry Investment Promotion Conference held


The Guangxi Health Endowment Investment Industry Promotion Conference, part of 2017 China (Nanning) Endowment Industry Development Forum and Investment Promotion, introduced 63 pension projects to the society on November 30.

The health endowment industry is a sunrise industry for investment by capital in recent years. At this promotion conference, Guangxi Department of Civil Affairs focused on introducing 63 projects falling into three categories: retirement home construction and investment project, endowment institution investment project with public construction and private operation, and health endowment industry investment project.

It is introduced that the civil affairs departments will further provide cash subsidies, tax preference and financial input for the development of pension programs and strengthen regulations. The endowment programs with low satisfaction to the elderly will be supervised and urged for rectification.

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