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People's Daily Online>>China Society

Aging nation creates nursing home boom (6)

By Tania Lee (China Daily)

08:20, December 05, 2011

Continuing to boom

The phenomenon of China's aging population is now becoming widely recognized and the growth of the problem is being mapped. According to Feng, the statistics concerning China's aging population reinforce the urgency for the implementation of proper policy responses to address the challenges in care for the aged. Ideally, quantity (growing adequate long-term care services over time) and quality (ensuring quality of care and regulatory oversight) should go hand in hand, he said.

K.K. Fung, managing director of the global real estate services provider Jones Lang LaSalle Greater China, holds a similar view, but says the focus should be more about providing quality of life. "Reform should be based on how people can earn more," he said.

Government oversight of this sector is minimal because of the absence of a formalized regulatory structure. But there are many in the industry that believe the sector will continue to boom in years to come as Chinese families become more stretched in their ability to take care of the elderly.

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helen at 2011-12-05203.82.94.*
Singapore, being a sovereign city State provides many guidelines in looking after aged parents by law and control of nursing homes for the old people. Profiteers exploiting nursing homes are quite common in Hong Kong and other parts of the World. Shortchanging these homes must be punished severely and laws introduced to safeguard the health, safety, security ...of the old people. Where money is involved, criminals will rear their ugly heads ...
  

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