[China International Import Expo] Huang Qifan: Suggests establishing a senior care industry development fund and a reverse mortgage system
At the sub-forum on the silver-haired economy of the 8th China International Import Expo, Huang Qifan suggested establishing a silver-haired industry development fund to support the financing and development of the elderly industry. He mentioned that the government should provide loan guarantees and venture capital, and recommended the establishment of an innovation laboratory for the silver-haired industry to promote technological research and development. In addition, he also suggested establishing a reverse mortgage system for the elderly to increase their retirement security funds
According to a report from the Economic Information Agency on the 6th, at the Silver Economy Sub-Forum of the 8th China International Import Expo Hongqiao International Economic Forum held today, Huang Qifan, Executive Vice Chairman of the Academic Committee of the China National Innovation and Development Strategy Research Association, stated that the silver-haired industry not only concerns the quality of life of the elderly but is also an important avenue for driving domestic demand and promoting economic growth. Therefore, strong measures must be taken to promote the rapid development of the silver-haired industry, thereby driving the high-quality development of the silver economy.
Huang Qifan suggested establishing a silver-haired industry development fund, indicating that the government could set up a special fund to provide diversified financing services and support, such as loan guarantees and venture capital, for the silver-haired industry to promote industrial development. He also recommended that the government, enterprises, and research institutions jointly invest to establish an innovation laboratory for the silver-haired industry to promote technological research and application, developing new technologies and products suitable for the elderly, such as smart health monitoring devices, housekeeping robots, high-performance hearing aids, smart walkers, smart home systems, etc., to provide technical support and innovative services for the silver-haired industry.
In addition, he also suggested establishing a reverse mortgage system for the elderly, where elderly individuals can obtain a guarantee fund of several thousand yuan by reverse mortgaging their property value, thereby expanding and increasing the supply of pension guarantee funds for the elderly. (wn)
