China encourages PPP in elder care

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Xinhua, Beijing :
China has said it will encourage public-private partnership (PPP) in the senior care industry.
Wider use of PPP should introduce more private investment into the elder care industry, according to a document released by the Ministry of Finance, the Ministry of Civil Affairs and the Ministry of Human Resources and Social Security.
With this move, elder care services should expand and become more efficient and jobs will be created, the document said.
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