券商中国·2025-12-28 23:30Core Viewpoint - The article emphasizes the strategic focus of China Life Group on the health and elderly care industry, highlighting the establishment of a comprehensive elderly care service system and the importance of addressing the aging population in China [2][5]. Group 1: Industry Development - The "14th Five-Year Plan" suggests promoting high-quality population development and actively addressing population aging through improved policies for the elderly care industry [1]. - Major insurance companies, including China Life, are collectively enhancing their investments in the health and elderly care sector, with a focus on building a robust ecosystem for elderly care [2]. Group 2: Project Implementation - China Life has launched 10 elderly care projects, including the recently opened CCRC-type community in Beijing, which features 553 rooms and 947 beds, providing comprehensive solutions for elderly needs [3]. - The company has established a 20 billion yuan fund dedicated to investing in quality elderly care projects, aiming to create a "institution + community + home" service system across 26 key cities [3]. Group 3: Market Strategy - The investment strategy for elderly care projects is determined by local economic development, aging population ratios, and synergy with core business operations [4]. - The occupancy rate of elderly care communities is a critical metric, with a stable increase expected as elderly residents typically do not move out easily, achieving profitability at around 80% occupancy [6]. Group 4: Service Expansion - China Life is exploring home and community-based elderly care services, collaborating with local governments to create inclusive community care models [7]. - The company is extending its institutional care services to nearby communities, offering services such as meal assistance and home care, thereby enhancing its service reach [7].