Institution and community senior care

Integral senior care

Photo by Shutterstock

Back to Search
Institution and community senior care
Institution and community senior care
Select for Comparison
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Health Care
Health Care Providers
Business Model Description

Professional training for nursing staff includes educational agencies offering professional courses and caregiver agencies that introduce professional senior care staff to families. The educational agencies need to cooperate with senior care institutions and caregiver agencies to dispatch certified nursing staff effectively.

Expected Impact

Meet the increasing need of elderly care caused by the aging trend in China, improve the quality of senior care.

How is this information gathered?
Updated: 26 Oct, 2021 Date of Production: 30 Sep, 2021
China
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
10% - 15% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
> USD 1 billion
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
No Poverty (SDG 1) Good health and well-being (SDG 3)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Reduced Inequalities (SDG 10) Sustainable Cities and Communities (SDG 11) Industry, Innovation and Infrastructure (SDG 9)

Expand all

Print

Sector Sources
  • 1) Ministry of Foreign Affairs,2019 https://www.fmprc.gov.cn/mfa_eng/topics_665678/2030kcxfzyc/P020190924780823323749.pdf "2) UNDP.2019 https://www.cn.undp.org/content/china/en/home/library/human_development/national-human-development-report-special-edition.html" 3)UN Women. (2020). Policy Brief: The Impact of Covid-19 on Women and Girls. UN Women.
IOA Sources
  • 21) National Bureau of Statistics,https://data.stats.gov.cn/easyquery.htm?cn=C01 "22) ZX International, 2019, http://www.hunter-hr.com/2872.html " 23) Yicai, 2019, https://www.yicai.com/news/100421032.html 24) Yicai, 2018, https://www.yicai.com/news/5435650.html 25) Ministry of Civil Affairs, 2017, Notice on accelerating the reform of release, management and service of senior care service industry (《关于加快推进养老服务业放管服改革的通知》), http://mzzt.mca.gov.cn/article/zt_zylfw/zcyjd/mzbwj/201908/20190800019092.shtml 26) the State Department, 2017, Notice on printing and distributing the national plan for the development of aging and the construction of the senior care system during the 13th five year plan (《关于印发“十三五”国家老龄事业发展和养老体系建设规划的通知》) ,http://www.gov.cn/zhengce/content/2017-03/06/content_5173930.html 27) Ministry of Industry and Information Technology, Ministry of Civil Affairs and National Health Commission, 2017-2020, Notice on carrying out pilot demonstration of smart senior care (《关于开展智慧健康养老应用试点示范的通知》) ,www.mca.gov.cn/article/xw/tzgg/202007/20200700028725.shtml 28) Ministry of Civil Affairs, 2019, Management measures for the list of joint punishment objects for dishonesty in the senior care service market (Trial) (《养老服务市场失信联合惩戒对象名单管理办法（试行）》),www.mca.gov.cn/article/gk/wj/201911/20191100020903.shtml 29) Ministry of Civil Affairs, 2019, Safety standard for basic services of pension institutions (Draft for comments) (《养老机构基本服务安全规范(征求意见稿)》), http://www.mca.gov.cn/article/xw/tzgg/201911/20191100020916.shtml 30) Sohu, 2017, https://www.sohu.com/a/208482153_135357