The National Financial Regulatory Administration issued measures to implement parts of the Action Plan to Support Shanghai’s International Financial Center, calling for increased use of trust mechanisms in metropolitan eldercare. Shanghai Financial R

2026-06-17

The National Financial Regulatory Administration issued measures to implement parts of the Action Plan to Support Shanghai’s International Financial Center, calling for increased use of trust mechanisms in metropolitan eldercare. Shanghai Financial Regulatory Bureau, Shanghai Municipal Civil Affairs Bureau, People’s Bank of China Shanghai Branch and Shanghai Municipal Financial Work Office jointly issued a notice to pilot innovative eldercare service trusts, seeking to build a full-chain ecosystem linking advance-appointed guardianship, eldercare service trusts and eldercare service providers.