Shanghai: Support the transformation of existing commercial buildings into elderly care facilities, and encourage each district to provide one-time subsidies based on the number of beds.

Shanghai Municipality has issued several measures to promote the high-quality development of the service industry, boost consumption and expand capacity. Among them, it is mentioned that support will be provided for the construction and renovation of double rooms in elderly care facilities, with subsidies based on the number of beds. Support will be given to transform existing commercial buildings into elderly care facilities, with one-time subsidies provided based on the number of beds. The implementation measures for "reward instead of subsidy" will be adjusted and improved to support the development of professional care-oriented day care institutions and home-based care institutions, with one-time rewards given based on the monitoring results of service quality, and support for the chain development of institutions. Strengthen the training of middle and high-level elderly care nursing staff. Enrich products and services for the elderly, continue to implement subsidies for home environment aging renovation, and organize the Shanghai International Elderly Care Aids and Rehabilitation Medical Expo and Shanghai Silver Hair Life Festival. Encourage the launch of exclusive health insurance for the elderly, support health insurance products that provide care services as compensation benefits for special groups, and encourage financial institutions to develop elderly trust products.