Elderly Care Voucher Program Benefits Approximately 2 Million Severely Disabled Seniors
Deep News
Jul 30
A recent update from the Ministry of Civil Affairs' third-quarter regular press conference on July 30 reveals that, as of now, a nationwide program providing elderly care consumption subsidies to seniors with moderate to severe disabilities has processed a total of 10.7992 million voucher redemptions. These redemptions amounted to 6.512 billion yuan, driving 29.093 billion yuan in elderly care service spending. Approximately 2 million moderately to severely disabled seniors have benefited from this initiative.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.