More Implementation Opinions from Ministry of Civil Affairs on Senior Living

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On this July 24, the Ministry of Civil Affairs issued Implementation Opinions on Encouraging and Guiding Private Capital to Invest in the Senior Living Service Industry (the “Opinions”). With little special or surprising, the Opinions to some extent clarify some attitude or practice that having been pursued by local authorities. As such, we believe the following topics from the Opinions are worth reading and digging.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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