National Health Insurance Administration: Since the pilot program in 2016, long-term care insurance has driven social capital investment in related industries to exceed 60 billion yuan.

On March 26th, Wang Wenjun, Deputy Director of the National Medical Insurance Bureau, stated at a press conference at the State Council Information Office that the establishment of the long-term care insurance system has brought about new formats and new models, such as the research and production of auxiliary aids and equipment, the assessment of disability levels, and the involvement of social forces in handling services. According to preliminary statistics, since the pilot program was launched in 2016, the long-term care insurance system has attracted over 60 billion yuan of social capital investment in related industries, making it a new economic growth point.