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City to Use Private Capital to Improve Senior Health Facilities

City to Use Private Capital to Improve Senior Health FacilitiesShenzhen officials are planning to use private capital in improving local health care facilities for its senior citizens by providing competitive land prices to those developing nursing homes. These new preferential policies will be part of the city’s plan in improving care for seniors and any related facilities before 2020.

The city has not set any qualification threshold for bidders for the public land that is set aside for development of nursing homes. The city is planning to provide two beds for every 100 senior citizen in nursing homes and other facilities before 2015. The city will also be asking each district to build a new care facility and daytime community center for seniors as well.

Shenzhen is home to around 10 million permanent residents with an average age of 30. But other sub districts saw an increase in its senior population especially in Fubao Subdistrict in Futian where almost 10 percent of its residents are 60 years of age or older. Despite an aging population the city sees a slow construction of senior care facilities. At the end of 2011, senior care facilities in Shenzhen totaled 1,894 beds which is now enough to meet the demand.

The slow development of these care facilities is attributed to the lack of a unified planning, support policies and the integration of resources. Furthermore private senior care facilities have available beds remaining because of the lack of support from local government that made it hard for facilities to generate profits.



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