Core Viewpoint - The Shanghai International Elderly Care Industry and Financial Development Promotion Conference aims to create a collaborative platform for the elderly care economy, promoting a virtuous cycle of "policy guidance - financial empowerment - industrial upgrading" to support high-quality development in the elderly care sector [1][7]. Group 1: Conference Highlights - The conference was co-hosted by several organizations, including the Bank of Communications and the Ministry of Civil Affairs, with key figures in attendance [1]. - The theme of the conference was "New Era of Elderly Care, Co-development of Industry and Finance," emphasizing the collaboration between various sectors [1]. - The Ministry of Civil Affairs launched the upgraded "Elderly Care Pass" financial information platform, enhancing credit evaluation and supply chain functions for elderly care services [4]. Group 2: Financial Innovations - The Bank of Communications is focusing on innovative financial products and increasing credit support for the elderly care industry [2]. - The bank introduced the "Elderly e-loan," an online financing product aimed at addressing funding shortages in elderly care institutions, which has been successfully piloted in Shanghai [6]. - The bank's new brand concept for elderly finance, "Stable Happiness," emphasizes stability, assurance, warmth, and happiness as core values [5]. Group 3: Policy and Support - The Shanghai government is encouraging investments in elderly care services and supporting the development of tailored financial products [2]. - The local government has allocated over 800 million yuan in policy support during the 14th Five-Year Plan period to enhance the business environment for elderly care [4]. - The conference facilitated strategic cooperation agreements between the Bank of Communications and various governmental bodies to strengthen financial support for the elderly care economy [7].