Forum on Elderly Care and Rehabilitation Nursing Successfully Held, Charting a New Direction for Industry Development

On July 10, the Forum on the Development of the Elderly Care and Rehabilitation Medical Nursing Industry was successfully held at the Zhangjiang Science City Chamber of Commerce.

The event brought together over 100 representatives from financial institutions, enterprises, and public institutions to comprehensively and in-depth explore the current status and trends of the medical care and rehabilitation industry through roundtable forums and thematic presentations, aiming to better promote the high-quality development of the medical care and rehabilitation healthcare sector.

At the opening of the event, Jiang Chengjun, Deputy General Manager of Haitong Securities and Director of its Investment Banking Committee, stated that securities firms, serving as a bridge connecting both the supply and demand sides of pension finance, play a crucial role in supporting industry development. As a comprehensive financial services platform, Haitong Securities has gradually become a significant force promoting the robust growth of pension finance in recent years. Haitong Securities will actively advance primary market investment and financing activities in the elderly care and rehabilitation industry, continuously helping to expand industrial supply.

Fan Jincheng, Director of the Special Committee on Big Health Services under the Shanghai Federation of Modern Service Industries, stated that this event holds significant importance amid the aging trend. The development of the integrated medical and elderly care industry and rehabilitation medicine has attracted considerable attention from investors and entrepreneurs. Regarding the future development of the industry, Fan Jincheng put forward three suggestions: first, integrate health and elderly care resources with a focus on the full life cycle; second, strengthen investment in the elderly care sector by not only “investing early, investing small, and investing in hard technology,” but also “investing in aging”; and third, leverage the resources of the elderly population and provide diversified services centered on their needs.

Yan Kebing, Director of Hairun Tianrui Law Firm, pointed out that the elderly care and rehabilitation medical industries share common challenges with the broader health sector while also possessing unique industry-specific characteristics. For instance, legal disputes are prone to arise during service delivery; consequently, an increasing number of institutions are focusing on risk identification and contract management throughout the entire project lifecycle. As a comprehensive law firm, Hairun Tianrui is well-positioned to provide professional services to high-quality enterprises, thereby supporting the growth of both the industry and individual businesses.

The event featured a keynote session, inviting Lei Xiaoqian, Chief Operating Officer of Fushoukang Smart Medical and Elderly Care Services (Shanghai) Co., Ltd.; Zhang Jie, Executive Director of Shanghai Zhongqiao Vocational and Technical University; Professor Jin Lingjing, President of Shanghai Yangzhi Rehabilitation Hospital (Shanghai Sunshine Rehabilitation Center); and Wang Xiaodong, Senior Partner at Hairun Tianrui Law Firm and Director of its Shanghai Office. They shared insights on the development trends of the elderly care and rehabilitation industry, rehabilitative treatment for neurological disorders, and legal regulations and risks in China’s medical-elderly care and rehabilitation healthcare sectors.

Among them, Lei Xiaoqian, Chief Operating Officer of Fushoukang Smart Medical and Elderly Care Services (Shanghai) Co., Ltd., presented on the current state of China’s home-based medical and elderly care industry. She outlined the broader context of population aging in China, detailed the home-based medical and caregiving services provided by Fushoukang, and discussed the drivers rooted in everyday life scenarios. She further pointed out that future development in this sector will be driven by “awakening consumer demand, innovation in service structures, and maturation of payment systems.”

Zhang Jie, Executive Director of Shanghai Zhongqiao Vocational and Technical University, delivered a presentation on the theme “Overview and Trend Analysis of China’s Rehabilitation Industry.” Zhang introduced the definition and classification of the rehabilitation industry, pointing out that while China has a broad target population for rehabilitation services and a large potential market size, the current penetration rate of rehabilitation treatment remains low. There is still a significant gap compared with developed countries. He also put forward six recommendations for the development of the rehabilitation industry.

Dr. Jin Lingjing, President of Shanghai Yangzhi Rehabilitation Hospital (Shanghai Sunshine Rehabilitation Center), delivered a keynote speech on the rehabilitation treatment of neurological disorders. He highlighted that many neurological conditions are closely linked to aging and significantly impact the daily lives of older adults. Dr. Jin provided an accessible overview of the major types of neurological disorders and their rehabilitation approaches, analyzed the key characteristics and future directions of current neurorehabilitation technologies from the perspective of a professional neurologist, and offered prudent recommendations on how to better integrate rehabilitation techniques for neurological disorders into the elderly care industry.

Mr. Wang Xiaodong, Senior Partner at Haiwen & Partners and Director of its Shanghai Office, shared insights on legal regulations and risks in China’s medical-nursing and rehabilitation healthcare sectors, drawing on practical industry issues. Mr. Wang pointed out that improving relevant policies and laws, ensuring the legality of medical-nursing and rehabilitation services, and standardizing operational compliance among service providers are essential prerequisites for the sustainable and healthy development of these industries. Furthermore, by referencing specific real-world cases from his professional experience, Mr. Wang vividly analyzed potential legal risks in the daily operations of related service institutions and offered feasible solutions.

In addition to the keynote sharing sessions, the event featured two roundtable forums, inviting representatives from multiple enterprises, capital firms, and insurance institutions to engage in in-depth discussions on the theme “Current Status, Trends, and Policy Recommendations for the Development of the Health and Elderly Care Industry.”

The inaugural roundtable discussion was moderated by Hu Xuan, Director of the Healthcare Industry Group under the Investment Banking Committee of Haitong Securities. Together with the panelists—Lei Xiaoqian, Chief Operating Officer of Fushoukang Smart Medical and Elderly Care Services (Shanghai) Co., Ltd.; Li Binbin, Deputy General Manager of Sinopharm Kangyang Industrial (Shanghai) Co., Ltd.; Zhang Min, Partner at Qianji Capital; Zhang Jingfei, Executive Director at Boyuan Capital; and Xu Zhiyi, Investment Director at Jinding Capital—the group shared insights and discussed the development of the integrated medical and elderly care industry.

Lei Xiaoqian, Chief Operating Officer of Fushoukang Smart Medical and Elderly Care Services (Shanghai) Co., Ltd., believes that the current medical and elderly care industry can be broadly categorized into three models: transitioning from elderly care to medical services, transitioning from medical services to elderly care, and the integrated model of medical and elderly care. As population aging intensifies, promoting the integrated development of medical and elderly care is a crucial measure for optimizing the supply of health and elderly care services for older adults, as well as an important approach to proactively addressing population aging and enhancing seniors’ sense of gain and satisfaction.

Li Binbin, Deputy General Manager of Sinopharm Health and Elderly Care, believes that nursing homes have distinct advantages over traditional elderly care facilities in terms of specialized medical nursing, integration of medical and elderly care services, personalized care, and alleviating family burdens. In the future, the nursing home sector will continue to develop along the trends of sustained growth in market demand, increased policy support, technology-enabled enhancement of service quality, continuous innovation in service models, as well as intensified market competition and consolidation.

Zhang Min, a partner at Qianji Capital, believes that the integration of medical care and elderly care represents the most significant structural opportunity currently visible. He highlighted Qianji Capital’s “3A” principles for investing in this sector, which encompass service differentiation, accessibility, and affordability. The firm focuses on targets that address genuine needs, possess commercial viability, and feature replicable business models.

Zhang Jingfei, Executive Director at Boyuan Capital, believes that the current domestic market imposes high requirements on elderly care and medical service enterprises in terms of products, sales, services, and cash flow. Entrepreneurs should therefore expedite the validation of their financial models and develop products with strong commercialization capabilities.

Xu Zhiyi, Investment Director at Jinding Capital, believes that long-term care insurance has alleviated the pressure on medical insurance expenditures. In the future, products or services leveraging channels targeting disabled elderly individuals are likely to see further development as the scale of long-term care insurance expands.

The second roundtable discussion was moderated by Cen Pingyi, Deputy General Manager of the Beijing Investment Banking Department under the Investment Banking Committee of Haitong Securities. The panelists included Ma Xiayi, Marketing Director of Shanghai Zhuodao Medical Technology Co., Ltd.; Gao Ge, Chairman of Shanghai Aisai'er Biotechnology Co., Ltd.; Kong Qingkun, Director of Elderly Care Insurance Products at AIA Life Insurance; Shi Xiaoxia, Head of Investor Relations at Henan Xiangyu Medical Equipment Co., Ltd.; and Wang Yongjie, Executive Director of the Healthcare Industry Group under the Investment Banking Committee of Haitong Securities. They shared insights and engaged in discussions on the development of China’s rehabilitation medical industry.

Ms. Ma Xiayi, Marketing Director of Shanghai Zhuodao Medical Technology Co., Ltd., believes that rehabilitation robots, as a typical representative of the integration of medicine and engineering in the new era, will provide patients with more precise and high-quality rehabilitation medical services in a wider range of rehabilitation scenarios in the future, thereby injecting new momentum into the development of China’s rehabilitation medical industry.

Ms. Gao Ge, Chairwoman of Shanghai iCell Therapeutics Co., Ltd., believes that the pharmaceutical industry cannot overlook the needs of the elderly. Guided by this philosophy, iCell Therapeutics has deeply cultivated the field of cell therapy, represented by induced pluripotent stem cell (iPSC) technology, to provide older adults with innovative rehabilitative and anti-aging treatments, fundamentally improving their quality of life in later years.

Kong Qingkun, Director of Pension Service Products at AIA Life Insurance, believes that with the progression of population aging, the integration between the insurance industry and the elderly care and rehabilitation medical sectors will become increasingly close, with related cooperation models and products continuously evolving and innovating.

Ms. Shi Xiaoxia, Head of Investor Relations at Henan Xiangyu Medical Equipment Co., Ltd., believes that with the state’s increasing attention to aging-related affairs, the elderly care industry is poised to become a pillar industry in China’s future economy. Xiangyu Medical will also place greater emphasis on the integrated medical and elderly care sector in the years ahead, contributing its industrial strength to address China’s aging challenges.

Mr. Wang Yongjie, Executive Director of the Healthcare Industry Group under the Investment Banking Committee of Haitong Securities, believes that capital market policies in recent years have, to some extent, reshaped the development model of the rehabilitation medical sector and even the broader healthcare industry. In the future, the rehabilitation medical industry will place greater emphasis on differentiated innovation and commercialization capabilities in its capital operations.

Notably, during the event, the organizers—Haitong Securities, Hairun Tianrui Law Firm, VCBeat, and VBInsight—jointly released the highly anticipated “2024 Research Report on the Development of China’s Medical-Nursing and Rehabilitation Healthcare Industry” (hereinafter referred to as the “White Paper”).

The White Paper launch ceremony was hosted by Shen Sheng, Director of the Healthcare Industry Group under the Investment Banking Committee of Haitong Securities. Wang Li, Head of the Healthcare Industry Group under the Investment Banking Committee of Haitong Securities; Wang Xiaodong, Senior Partner at Haiwen & Partners and Director of its Shanghai Office; and Bi Yuanfeng, Co-founder and COO of Danhuang Technology, served as the launch initiators for the White Paper.

With this, the Forum on the Development of the Elderly Care and Rehabilitation Medical Nursing Industry has officially come to a close. During the forum, representatives from hospitals, enterprises, investors, financial institutions, and public and private entities gathered together to engage in in-depth discussions through roundtable sessions and thematic presentations on the current status and future directions of the elderly care and rehabilitation nursing industries against the backdrop of an increasingly aging population. Although the forum has concluded, the momentum among various industry stakeholders to drive the development of China’s elderly care and rehabilitation nursing sectors remains undiminished.

The Story of China’s Elderly Care and Rehabilitation Nursing Industry: To Be Continued.