(Xinhua) In an effort to cater to the rising demands of its aging population, Beijing authorities are increasing subsidies to support nursing home expansion.
Subsidies for nursing homes in the capital city’s suburban and rural areas will double to total 10,000 yuan (1,515 U.S. dollars) per added bed, and total subsidies for each nursing home undergoing expansion could be as high as two million yuan, according to a circular released by the Beijing Municipal Civil Affairs Bureau (BMCAB) last week.
Increased subsidies for nursing homes in rural areas will afford them the same financial support as nursing homes in urban communities.
The decision came shortly before the Chinese government announced the results of last year’s population census, indicating that the country’s aging population is increasing quickly.
Continue: http://www.china.org.cn/china/2011-05/02/content_22478445.htm