Xing Wei, director of the Social Services Research Office at the CHINA STATE PLANNER, said elderly-care pricing links the social safety net to market supply and is the key institutional fulcrum balancing public-welfare and market attributes of the se

2026-10-16

Xing Wei, director of the Social Services Research Office at the CHINA STATE PLANNER, said elderly-care pricing links the social safety net to market supply and is the key institutional fulcrum balancing public-welfare and market attributes of the sector. Pricing should neither be left entirely to market forces nor set solely by government; a scientific pricing framework should clarify the responsibilities of government, market and families, secure baseline care for the indigent and financially disadvantaged disabled elderly, and guide social capital into long-term care while shifting resources toward disabled care and community/home-based services.