The pilot project of elderly care service trust has been successfully implemented in Shanghai.

"Previously, elderly people have moved into our nursing home through the establishment of trust accounts, and the trust accounts have already paid into the project, completing the closed loop of the 'elderly care service trust' pilot model, which took about 3 months to complete." Zhu Jiuhai, deputy general manager of the marketing department of CITIC Pension, told Yicai during the 2026 Shanghai International Elderly Care, Assistive Devices and Rehabilitation Medical Exhibition. In this pilot model, nursing homes have achieved sustainable income. For the elderly, the supply of elderly care services is also more stable. The person in charge of Taikang Elderly Home told reporters that they are also exploring the introduction of the "elderly care service trust" pilot model, mainly based on the actual needs of the elderly, especially some lonely elderly who may worry about how to arrange medical emergency rescue in case of accidents, and the establishment of trust accounts will provide a pre-arranged guarantee. The "elderly care service trust" pilot model mentioned by the above-mentioned responsible person of the pension institution is the key model mentioned in the "Notice on Innovating and Carrying Out Pilot Projects of Elderly Care Service Trust" jointly issued by Shanghai Financial Regulatory Bureau and other four departments on June 3.