Welcome!

News Feed Item

China Senior Living Advances Further with Care Show China

 

SHANGHAI, Nov. 7, 2012 /PRNewswire/ -- Last week in Shanghai, experts gathered to discuss geriatric care best-practices and continue the process of defining senior care in China, a fast growing but still fragile industry.

The inaugural Care Show China was organized by UBM and took place on Oct. 24-25 at the Hotel Equatorial Shanghai with nearly 300 delegates and 29 speakers from 15 nations and regions.  Topics include policy and regulation, business model, operation management, and IT and technology. Among all the conferences in Asia dealing with senior living, the Care Show was the best attended to date.

Bromme H. Cole, President of Hampton Hoerter China and Chairman of the conference closed day one with a series of insights that are revealing not just for the industries present status but for where it may be headed in the near term. As a recognized industry veteran, Cole remarked, "While there is clearly a mania underway in China senior living, it underscores the eagerness of the Chinese to learn about geriatric care as well as the demographic dynamic. China is searching for a Chinese solution to senior living and not just Western expertise dressed up in a Han. Merely translating operating manuals won't work and this is one reason why so many Western senior living operators have left China disappointed." Yan Qingchun, Deputy Director of China National Committee Ageing and one of the Show's keynote speakers, spoke at length on China's preparations for the ageing bubble that is confronting the country at present. Mr. Yan reinforced Cole's basic premise during his keynote by saying, "China is seeking its own model to solve the ageing problem. In the 12th five-year-plan, the government unveiled a new policy to promote ageing at home, multi-generation-living schemes as well as changing the hukou regulation for senior citizens so as to allow them to live with their children and enjoy national healthcare program in the city where their children live."

The Chinese modern senior living industry, by many estimates, is only a few years old having received its "birth certificate" via special focus in China's 5th 12 year plan that was issued in 2011. Since then, developers across China have been in a mad rush to build projects. The major difficulty, other than construction quality, has been the lack of geriatric care operations and a fundamental understanding of Gerontology; the critical service component of the business and the underlying science of ageing. Consequently, most facilities in China today are lifestyle developments with little or no care component. Yet, lifestyle or choice-based senior living has been slow to catch on. In his keynote speech, Cole suggested a reason, "Chinese seniors aged 65+ are children of the revolution, civil war, famine…you name it…they have no shortage of traumatic experiences. All of which has made them very thrifty, frugal spenders….even if they are wealthy. Conspicuous consumption is largely the domain of those born after the death of Mao.  So, choice-based developments may be still another 10 to 15 years ahead of us."

But Waterbrook Asia's Chairman, Kevin Ryan, who has also been in China working the industry for a couple of years already, has a different take. Ryan says, "Waterbrook Asia represents everything the Chinese want and need in choice-based senior living: especially the fundamental ingredient of a real estate model offering strata title (freehold). The failure of much of choice-based senior living to date is that developers were selling leasehold ownership; a decision anathema to the Chinese mentality." Cole is quick to respond to this with tentative agreement, "True. The real estate model is likely to work, yet the "tipping point" if you will that transforms China senior living from a trend into an industry is the development of "localized" operators who have assimilated and culturally integrated the fundamentals of aged care into an acceptable Chinese context…not just ownership of real estate." Cole has received critical acclaim for his artful and insightful essays on senior living in China which are published at www.ChinaSeniorLiving.com.

Other speakers echo the enthusiasm which Cole and Ryan have for the industry. Tom Hill, another knowledgeable professional of the China healthcare industry and whose company, Direct Supply, is a manufacturer of durable medical supplies says, "The industry has strong fundamentals and the future is full of opportunity."

Care Show China has scheduled next year's conference and exhibition on Aug. 22-23, 2013 in Shanghai World Expo Exhibition & Convention Center. For more information please contact Leona Li, marketing executive of UBM China ([email protected]) or find more information on event's official website: www.careshow.com.cn

Media partnership and PR

Leona Li
T +86-21-6157 7235
E [email protected]
 
About the UBM Care Show

The UK Care Shows, established for over 10 years, are the largest events for care providers in England.

A total of over 300 exhibitors gather each year across two shows to network with directors, managers and proprietors from nursing homes, care homes, retirement villages and homecare agencies.

With a mixture of domestic and international exhibitors the shows in Bournemouth and Birmingham are the essential events for care providers across England.

Care Show France (Geront Expo) is the largest exhibition for care operators in France. Taking place in Paris every year it runs alongside exhibitions and conferences for hospital operators and healthcare IT professionals.

14,000 visitors attended the last event with over 350 domestic and international exhibitors using over 20,000 m2 of exhibition space.
 
Notes to Editors

1. About UBM Asia (www.ubmasia.com)

Owned by UBM plc listed on the London Stock Exchange, UBM Asia operates in 18 market sectors with headquarters in Hong Kong and subsidiary companies across Asia. We have over 240 products including trade fairs, conferences, trade publications, B2B/B2C portals and virtual event services. As Asia's leading exhibition organiser and the biggest commercial organiser in China, India and Malaysia, we stage the leading events of their kind across the region. Our 200 events, 24 publications and 16 vertical portals serve over 1,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world with high value face-to-face business-matching events, quality and instant market news and industry trends, and round-the-clock online trading networks and sourcing platforms. We have 1,000 staff in 21 major cities across Asia, stretching from Japan to Turkey.

2. About UBM plc (www.ubm.com)

UBM plc is a leading global company. We inform markets and bring the world's buyers and sellers together at events, online, in print and provide them with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewellery traders, from farmers to pharmacists around the world. Our 6,600 staff in 31 countries are organised into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently.

 

SOURCE UBM China

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, will provide a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services ...
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, will discuss the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information,
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
VeriStor Systems has announced that CRN has named VeriStor to its 2017 Managed Service Provider (MSP) 500 list in the Elite 150 category. This annual list recognizes North American solution providers with cutting-edge approaches to delivering managed services. Their offerings help companies navigate the complex and ever-changing landscape of IT, improve operational efficiencies, and maximize their return on IT investments. In today’s fast-paced business environments, MSPs play an important role...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...