China Investment Roadmap: the Elderly Care Industry – New Issue of China Briefing Magazine
The latest issue of China Briefing Magazine, titled “China Investment Roadmap: the Elderly Care Industry“, is out now and available to subscribers as a complimentary download in the Asia Briefing Bookstore through the month of May.
- Golden Years: An Overview of China’s Elderly Care Industry
- Investing in China’s Elderly Care Services Industry
- Challenges Ahead for Investment in China’s Elderly Care Market
In the coming few years, China’s health care sector and its related industries will be one of the largest business sectors of the Chinese economy – possibly even larger in size than property. While property investment has dictated the last 10 years of whopping development in the Chinese economy, health care is set to take the helm in the next ten years, or certainly be one of the top three drivers of China’s economy.
Within health care, the elderly care industry is one of the most dynamic areas of investment. There are currently more than 220 million senior citizens in China, and this amount is expected to balloon in the next few decades, reaching 400 million, or one third of China’s population, by 2050. With its domestic institutions largely unable to cater to the increasing demand for elderly care services, and with a developing incentive framework in place, opportunities for foreign investment in elderly care abound.
As with most emerging industries in China, however, investing in the country’s elderly care services doesn’t come without challenges. Unique cultural considerations, an immature labor pool, and an unclear standard for FDI create a near perfect storm of risks that can easily cripple a foreign business before it gets off the ground. Conducting a thorough due diligence is unquestionably essential prior to market entry.
In this issue of China Briefing magazine, we present a roadmap for investing in China’s elderly care industry. We provide the latest market research, detail the procedures and benefits for foreign direct investment, and examine the main barriers and risks that foreign companies are likely to encounter when entering the market.
Asia Briefing Ltd. is a subsidiary of Dezan Shira & Associates. Dezan Shira is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in China, Hong Kong, India, Vietnam, Singapore and the rest of ASEAN. For further information, please email email@example.com or visit www.dezshira.com.
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Human Resources and Payroll in China 2015
This edition of Human Resources and Payroll in China, updated for 2015, provides a firm understanding of China’s laws and regulations related to human resources and payroll management – essential information for foreign investors looking to establish or already running a foreign-invested entity in China, local managers, and HR professionals needing to explain complex points of China’s labor policies.
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In this issue of China Briefing, we discuss how best to manage HR disputes in China. We begin by highlighting how China’s labor arbitration process – and its legal system in general – widely differs from the West, and then detail the labor disputes that foreign entities are likely to encounter when restructuring their China business. We conclude with a special feature from Business Advisory Manager Allan Xu, who explains the risks and procedures for terminating senior management in China.
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