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China Insight - Real Estate

New Implementing Rules on Encouraging and Guiding the Development of Elderly Care Industry

10/03/2015

On 3 February 2015, the PRC Ministry of Civil Affairs (“MCA”), the Ministry of Land and Resources as well as other eight governmental authorities jointly issued the Implementing Opinions on Encouraging Private Capital to Participate in the Development of Elderly Care Industry (the “Implementing Opinions”). The Implementing Opinions provide more detailed rules on land supply, preferential policies on fees and taxes, investment and financing policies on national level for the elderly care industry. We highlight below the most significant stipulations introduced by the Implementing Opinions.

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China Insight - New Implementing Rules on Encouraging and Guiding...
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Authors

Matthew Wang
Matthew Wang, LL.M.