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
Celebrity birthdays for the week of May 26
Celebrity birthdays for the week of May 26-June 1:May 26: Sportscaster Brent Musburger is 85. Drumme2024-05-21Movie Review: Bill Nighy, Michael Ward shine in Netflix’s Homeless World Cup crowd
“ The Beautiful Game,” a new movie starring Bill Nighy and Michael Ward, is about a real internation2024-05-21SpaceX's loses mega rocket near end of test flight
SpaceX came close to completing an hourlong test flight of its mega rocket on its third try Thursday2024-05-21Astronomers spot previously unknown moons around Neptune, Uranus
WASHINGTON (AP) — Astronomers have found three previously unknown moons in our solar system — two ad2024-05-21The government wants to buy their flood
HOUSTON (AP) — After the floodwaters earlier this month just about swallowed two of the six homes th2024-05-21If you're retired or about to retire, think carefully about your tax strategy
NEW YORK (AP) — Coming up with the best tax strategy in retirement can be much trickier than it seem2024-05-21
atest comment