Days ago, China Life (Sanya) Investment Holding won the bidfor the F-3-1 land parcel in Linwang District of Sanya’sHaitang Bay, a successful attempt to complete China Life’s strategic layout of “Three Evergreen Estates” forretirementliving and healthcare.

The Chinese society has become an aged one and will remain so for a long period to come. According to relevant studies, elders who choose to spend their remaining years at home make up 90% of their cohort, with only 4% of elders choosing institutionalized retirement. In such a situation, extending elderly care services to home-based elders and helping them set up real-time, efficient and intelligent elderly care services is a viable way to meet the needs of these home-based elders.

Recently, approved by administration of business sector, Taiping Watermark (Shanghai) Senior Living Enterprise Management Co.,Ltd, a joint venture of Taiping Senior Living Management Co.,Ltd (under the China Taiping Insurance Group) and American Watermark Retirement Community, has been formally established.

The most suitable field for insurance funds to invest in is silver industry. Currently, China Life, which is the largest life insurance company in China, is pushing forward its systematic investment in the silver industry, covering institutions, communities and home elderly care.

From November 6th to 8th, Culture Homes (Outlet Stores Wholesale Center) Limited ("Culture Homes"), a well-known elderly service brand in Hong Kong, will make its glorious appearance at the 2nd China International Silver Industry Exhibition ("SIC"), bringing wonderful exhibits and presenting the products and leading-edge development trend of elderly care and service in Hong Kong and Macau regions to the visitors.

Both local and foreign enterprises keep a keen eye on China, which is known as the elderly care market of the greatest potential in the world. At present, a large number of traditional brands and enterprises are marching towards the Chinese elderly care market from the areas where they have deeply accumulated advantages, and Haier U-home stands out among them. As a wholly-owned subsidiary of Haier Group, Haier U-home has been ranking No.1 among the smart home brands in China for 6 consecutive years, and it has a solid market foundation in the smart home sector. Facing the huge market potential in the elderly care area , Haier U-home has already moved earlier to seize market opportunities.

OASIS (U.S.), the first sanitary ware manufacturer offering online selection of custom-made bathtubs for the elderly, will again participate at the 2nd China International Silver Industry Exhibition ("SIC") and showcase its most globally advanced sanitary ware products and technologies for the elderly.