1, the development prospect is good. According to the census statistics, in 2020, China will all be lifted out of poverty, and the elderly population will reach more than 200 million, so there is a great demand for old-age care institutions.
2. The state has given strong support to the policy. The state strongly supports the development of old-age and child-care industries, and helps the old-age service industry out of the predicament by reducing or exempting related taxes and fees such as value-added tax, income tax and deed tax.