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
Danish King Frederik and his Australian
COPENHAGEN, Denmark (AP) — Denmark’s King Frederik X arrived in Stockholm on Monday with his Austral2024-05-07Democracy declines for 20th consecutive year, advocacy group says
Democratic governance declined for the 20th year in a row last year in a region stretching from Cent2024-05-07South China Sea news: Chinese media slams Australian warship at centre of sonar incident
Your web browser is no longer supported. To improve your experience update it here2024-05-07Ongoing withdrawals from savings pressure Brazil’s real estate market
Published on 17/02/2024 - 09:00 By Wellton Máximo - Brasília2024-05-07Putin is starting his 5th term as president, more in control of Russia than ever
Vladimir Putin begins his fifth term as Russian president in an opulent Kremlin inauguration Tuesday2024-05-07Health NZ chairperson resigns after less than a year in position
Dame Karen Poutasi became chairperson of Te Whatu Ora - Health New Zealand in July. Photo: RNZ / Ang2024-05-07
atest comment