China Scales up Support for Elderly Care, Childcare Industries
- Home
- News
- People
- In-depth
- ACWF
China Scales up Support for Elderly Care, Childcare Industries
September 2, 2022BEIJING, Sept. 1 (Xinhua) — China has adopted a host of measures to support the elderly care and childcare industries to help them overcome difficulties, the country's top economic planner said Thursday.
Some elderly care and childcare service providers have faced multiple challenges during the past two years due to the pandemic, Su Wei, an official with the National Development and Reform Commission, told a press conference.
A circular was issued earlier detailing the targeted measures such as waiving rentals and taxes, as well as providing financial support for eligible elderly care and childcare service providers, to help them tide over difficulties, Su noted.
Rentals of state-owned properties will be waived for micro, small and medium-sized businesses and the self-employed, he said.
The country has also decided to cut unemployment insurance and workplace injury insurance premiums while deferring of old-age insurance, unemployment insurance, and workplace injury insurance for the COVID-hit sector, Su added.
China will continue to leverage a combination of monetary policy tools to support the construction of the facilities and the operation of the elderly care and childcare services, as well as to draw more social forces to the sector, Su said.
(Source: Xinhua)
32.3KPlease understand that womenofchina.cn,a non-profit, information-communication website, cannot reach every writer before using articles and images. For copyright issues, please contact us by emailing: [email protected]. The articles published and opinions expressed on this website represent the opinions of writers and are not necessarily shared by womenofchina.cn.
Comments
Magazines
Projects
- 2023 Women Science and Technology Innovation Pioneer...
Photos
- People Enjoy Blooming Tulips in Jinan, East...
- Flowers Bloom Across China in Spring
Special Coverage
Related articles
Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer
Noel Gallagher has insisted he would still back Tony Blair for PM - as he warned Keir Starmer not to2024-05-21China's Mountain Schools Introduce Children to the Future
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-21Primary School Catches National Attention for Performing 'Left Foot Dance'
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-21Ningbo Holds Series of Activities to Enrich Night Life of Citizens, Tourists
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-21Amir Khan's £11.5m luxury wedding venue finally hosts its first marriage: Bride arrives on horse
Amir Khan's £11.5million luxury wedding venue has finally hosted its first marriage after a series o2024-05-21Diversified Markets Heat up China's Nighttime Economy
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-21
atest comment