New York, NEW YORK – December 1, 2014 – ACCESS Health International and the International China Ageing Industry Association announced a new partnership today. The two organizations will work together to generate and share knowledge about best practices for a vibrant elder and long term care industry in China.
ACCESS Health International and the International China Ageing Industry Association signed a Memorandum of Understanding that outlines plans for the two year partnership. The two organizations will conduct joint research and co-develop best practices in cost effective healthcare and long term care delivery, education and training, and business models in China. They will also facilitate local and regional dialogues with the public and private sectors on long term care services, housing, and urban planning for the aging population.
“We are thrilled to join forces with an organization like the International China Ageing Industry Association that shares our vision for high quality, accessible, and affordable elder and long term care in China,” said Dr. Chang Liu, ACCESS Health Regional Manager for East and Southeast Asia. “Our work together further solidifies the role of ACCESS Health as a leading knowledge partner for improving elder and long term care in China and throughout the region.”
“Through this important strategic partnership with ACCESS Health, we will support leaders in the public and private healthcare sectors, investors, and policymakers with the research and resources they need to grow and strengthen the elder and long term care industry in China,” said Yvonne Li, Founder and CEO, International China Ageing Industry Association.
An aging population is one of the most challenging issues facing healthcare systems today. According to projections from the United Nations, over the next thirty years, the share of the population over age sixty five in mainland China will increase from less than eight percent to twenty four percent. The oldest old, those over age eighty, will increase from barely one percent of the population today to seven percent. Given the large population base of the country, the oldest old in China will be the largest group of people aged eighty and over in the world, at nearly 103 million by 2050. Older patients have high rates of one or more chronic disease, which are often difficult and expensive to treat. China must now figure out how to provide high quality care for this growing population, while maintaining quality and controlling cost.
About ACCESS Health International
ACCESS Health International, Inc., is a nonprofit think tank and advisory group with a mission to improve access to high quality, affordable healthcare for people everywhere. ACCESS Health partners across sectors in low, middle, and high income countries to drive scalable innovation in healthcare delivery, financing, and technology. For more information about ACCESS Health International, go to www.accessh.org.
About the International China Ageing Industry Association
The International China Ageing Industry Association is a premier business to business industry association servicing leading Chinese and overseas corporations, nonprofits, policymakers, investors, and entrepreneurs committed to building a vibrant elderly care industry ecosystem in China. Through its core activities of engagement with those groups, knowledge building and exchange, applied research, and strategic consulting and advisory, the association convenes global leaders, transforms research and ideas into actionable agendas, and fosters collaboration through strategic public private partnerships and business and investment opportunities.
For more information contact:
Susan Wile Schwarz
Director of Communications
+1 917 447 1254
International China Ageing Industry Association
+852 3568 6458