French expertise offers elderly care solution

Removal of barriers to foreign access will allow European providers to help support China's increasing senior population

Broadening foreign investment access, an improving business environment, and government support are making it easier for French companies to cooperate with Chinese partners to tap the huge potential in China's senior care market, according to French officials and industry insiders.

During a recent conference in Beijing on cooperation between China and France in the senior care sector, Olivier Richard, deputy head of mission at the French embassy in China, said many barriers to foreign access have been removed this year and French companies are being treated equally with Chinese companies.