The number
China Daily | Updated: 2014-08-23 07:56
2.4 billion yuan
The central government will pump 2.4 billion yuan ($390 million) into supporting the eldercare sector, the Ministry of Finance announced on Friday. The money will help support eight provinces in their efforts to develop this industry. It also will serve as an incentive for capital input from local governments, banks and companies, which, it is hoped, will help expand and develop eldercare services.
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