China Health & Pension Group:
Hold high the "three banners" to lead the pension industry
——Interview with The Deputy General Manager of China Chengtong,
Zhu Yue, Secretary of the Party Committee and Chairman of China Health and Pension Group
Reporter Liu Qingshan
State-owned Assets Report Magazine, No. 3, 2022
Since entering the aging society in 2000, the degree of aging of Chinese population has deepened year by year. In 2021, China's population aged 60 and above is 267.36 million, accounting for 18.9% of the national population. The Ministry of Human Resources and Social Security predicts that during the "14th Five-Year Plan" period, the elderly population on the mainland will exceed 300 million people, entering a moderate aging stage.
At present, the mainland's elderly population is large, the aging rate is fast, and the urban and rural development of the old-age care industry is unbalanced. The Party Central Committee has elevated the active response to population aging as a national strategy. Accelerating the structural reform of the supply side of the old-age service and continuously improving the mainland's old-age security system are urgent and imperative.
The country has needs, the people have expectations, and the central enterprises shoulder heavy burdens.
In January 2017, China Chengtong Holding Group Co., Ltd. (hereinafter referred to as China Chengtong) established the China Health and Pension Group in order to complete the reform of training and nursing institutions of party and government organs and state-owned enterprises and institutions, and actively respond to the trend of population aging. Since its establishment, China Health and Pension Group has actively explored the inclusive pension development model of "quality assurance, affordable price and sustainable enterprises", which has played a leading role in promoting the coordinated development of the mainland pension industry and industry.
Zhu Yue, deputy general manager of China Chengtong, secretary of the party committee and chairman of China Health and Pension Group, said that China Health and Pension Group has always adhered to the people-centered development concept, actively explored an effective path to deal with China's aging, and is committed to creating a banner for the decoupling and integration of training and nursing institutions, a banner for the development of inclusive pension, and a banner for mixed ownership reform, and strives to become a leader in China's health care industry.
"State-owned Assets Report": As far as I know, the original intention of establishing the China Health and Pension Group is to receive, transform and revitalize the stock of training and nursing institutions. In the past five years, what progress has China Health and Pension Group made in this regard?
Zhu Yue: The reform of training and recuperation institutions in party and government organs and state-owned enterprises and institutions is a major decision and deployment of the Party Central Committee. As early as 2014, China Chengtong realized the great significance of the reform of training and nursing institutions, and decided to give full play to its advantages in asset management and cultivation and incubation of emerging industries, organize forces to conduct research, and the relevant achievements have been highly affirmed by relevant ministries and commissions. In August 2016, the Party Central Committee and the State Council decided to abolish and decouple the party and government organs and the training and recuperation institutions of state-owned enterprises and institutions to be transferred to the state-owned capital operation company, and the qualified state-owned capital operation company established a cross-regional and cross-field health and pension industry group. In December of the same year, the State-owned Assets Supervision and Administration Commission of the State Council and the Joint Working Group on the Reform of Training and Nursing Institutions determined China Health and Pension Group as a special platform for undertaking the acceptance of assets for the reform of training and nursing institutions and the transformation and development of old-age care.
Why was this task entrusted to China Chengtong? Because there are many problems left over from the history of the reform institutions, the situation is complex, involving issues such as property rights transfer, land title certificates, fire hazards, renovation of old properties and personnel resettlement. Since 2005, China Chengtong has been a pilot state-owned asset management company established by the State-owned Assets Supervision and Administration Commission, and has accumulated rich experience in the process of undertaking the disposal of various types of assets of other central enterprises. Over the years, China Chengtong has revitalized many assets that originally encountered difficulties, and has played an irreplaceable role in the process of promoting the reform of central enterprises.
Since the reform of training and nursing institutions was carried out, China Health and Pension Group has carried out useful explorations in all aspects involved in the whole process of reform reception and transformation, explored and formed effective solutions in personnel placement, old property transformation, disposal of remaining problems, application for approval and construction, cost control, quality control and other related difficulties, blockages and key links, and established hundreds of training and nursing institutions that were revoked and decoupled by central and state organs to transfer the reform implementation path of China Health and Pension Group in batches. Up to now, China Health and Pension Group has been approved to transfer 63, completed the acceptance of 37, and 12 have been transformed into pension service institutions and opened.
"State-owned Assets Report": Overall, the current development of China's pension industry lags behind the trend of aging, and also lags behind the market demand of the elderly population. Under this situation, as a member of the state-owned capital operation company, what achievements has China Health and Pension Group achieved in the development of pension?
Zhu Yue: As a central enterprise with inclusive old-age care as the main business, China Health and Pension Group has positioned itself as the "executor" of serving the national strategy, the "explorer" of the pension industry business model, the "leader" of the high-quality development of the pension industry, and the "promoter" of industrial structure adjustment, giving full play to the functional advantages of state-owned capital operating companies and the advantages of central enterprises, and exploring the "Chinese model" that effectively copes with the aging of the population.
Wear smart devices for the elderly
At present, China Health and Pension Group has laid out Beijing, Shenyang, Wuhan, Qinhuangdao and other 8 provinces and 11 cities across the country, large-scale construction of hundreds of community pension service outlets, more than 3,000 beds in the camp, more than 10,000 beds under construction, is the country's selected city-enterprise linkage inclusive pension special action projects the most enterprises, in the entire inclusive pension market has played a leading role in the demonstration.
We actively exert the research ability of the health care industry, participate in the formulation of national pension policies and industry standards, and promote the high-quality development of the pension industry. In 2016, according to the entrustment of the Central Finance Office, we completed the research project of "improving the quality of old-age services" at a high level. In the process of participating in the work related to the reform of training and nursing institutions, we innovatively proposed the work model of "first pick up and then handed over", which was written into the "Implementation Opinions on Promoting the Transformation of Party and Government Organs and State-owned Enterprises and Institutions training and Nursing Institutions into Old-age Service Facilities" jointly issued by ten ministries and commissions.
"State-owned Assets Report": How can China Health and Pension Group establish a "guaranteed quality, affordable price, sustainable enterprise" inclusive pension development model to meet the needs of the majority of wage earners for inclusive pension services?
Zhu Yue: In terms of "quality assurance", we have established a perfect and advanced enterprise quality control system, and formulated more than 1,200 standards in terms of facilities, services, personnel, customers, pricing, preparation, quality management, information management and other aspects. At the same time, the more than 80 inclusive old-age institutions under it are chained to manage, through the management of brands, customers, standards, quality, and rights and interests of the elderly, to ensure that the elderly enjoy high-quality inclusive old-age services, and strive to create a healthy old-age brand trusted by the elderly. In addition, we actively carry out research on basic cutting-edge disciplines such as aging prevention, fall prevention, elderly ability assessment, and elderly health management, increase the high added value of services, and provide full-cycle, all-round medical and health care integration services.
In terms of "affordable price", only by working hard to reduce costs can we ensure the provision of inclusive old-age services that the majority of wage earners can afford to pay. The key to enterprises' initiative to reduce costs and increase efficiency lies in property costs, renovation costs and labor costs. The first is the cost of property, fully relying on the asset management advantages of the state-owned capital operation company, effectively using the idle assets and stock land that are suitable for the transformation and development of the whole society, including training and nursing institutions, which not only revitalizes the idle assets but also solves the problem of property difficulties and property costs in the development process of the pension industry, and through the full use of existing assets, the optimal allocation of resources has been realized, and the cost of heavy asset inputs such as land and real estate has been effectively saved. The second is the cost of transformation, and the National Development and Reform Commission Price Monitoring Center, China Building Decoration Association, etc. actively plan to establish a supply chain platform for the aging industry, through strengthening the design and transformation of aging, as well as the centralized procurement of equipment and facilities for the elderly, assistive devices for the elderly, etc.; and carry out strategic cooperation with China Construction Science and Technology to jointly promote the application of prefabricated interior technology in health buildings, etc., and reduce the cost of ageing transformation on a large scale. Finally, labor costs, to ensure the quality of service, bed protection ratio and personnel wages are rigid, only through refined, standardized management, in order to improve work efficiency and reduce the marginal cost of labor.
In terms of "enterprise sustainability", we believe that if the enterprise loses money for a long time, the supply of inclusive old-age services will not be sustainable; if high profits are pursued, it will increase the burden on the people. The advantage of state-owned enterprises in developing inclusive old-age care is that they can take into account economic and social benefits. The development of inclusive pension by China Health and Pension Group can achieve "enterprise sustainability" thanks to support from many aspects: First, the development of healthy pension industry is the responsibility and mission of the Party Central Committee and the State Council to China Health and Pension Group, the main business, the State-owned Assets Supervision and Administration Commission of the State Council and China Chengtong provide support for China Health and Pension Group in terms of business scope, policy support, resource inclination, assessment and evaluation, investment management and other aspects. Second, actively coordinate local government support. For example, Zhongkang Yang Shenyang Company received new government subsidies of more than 17 million yuan, covering 90% of the investment in the project. Finally, all walks of life are paying attention to The China Health and Pension Group, and continue to give guidance to all aspects to help the China Health and Pension Group establish a sustainable and inclusive pension development model.
"State-owned Assets Report": In 2021, what are the main considerations for China Chengtong United Pharmaceutical Group, China Railway Construction and Dada Insurance to establish Zhongkang Health Industry Investment Co., Ltd. (hereinafter referred to as Zhongkang Investment Company)? What is The idea of China Health and Pension Group in terms of cooperation with social capital?
Zhu Yue: Zhongkang Investment Company is the investment platform of China Health and Pension Group, and the four shareholders are representative large-scale enterprises in the industrial chain segments such as pension assets, development and construction, pension insurance, medical and health care, etc., with the common strategic goal of integrating high-quality social resources, effectively utilizing the advantages of training and health care institutions and high-quality transformation and development of the health care industry. Zhongkang Investment Company will promote the revitalization and utilization of idle assets such as training and nursing institutions, transform and develop inclusive old-age care as the core, and focus on the development, construction, transformation and operation of service facilities such as medical and nursing care integration, health care and sojourn, rehabilitation and health care, and old-age communities. By promoting resource complementarity and ecological synergy, we will create the most influential health care investment brand in China and create a health care investment ecosystem of 100 billion yuan.
The pension industry will inevitably take the development path of scale, chaining and informatization, and will inevitably produce "chain owners". As a central enterprise with pension as the main industry, China Health and Pension Group has an unshirkable responsibility. We will adhere to the concept of co-construction and sharing development, make extensive use of social resources, play a leading role in the construction of health care, medical care industry chain, ecological chain and value chain, guide partners with high matching, high sense of identity and high synergy to participate in the development of the healthy pension industry, and truly become the "chain leader" and "chain owner" of the healthy pension industry chain - even if we can't do it, there will be other enterprises to replace it. Now, in terms of cooperation with social capital, the exploration of China Health and Pension Group has achieved certain results. For example, in terms of project construction and operation, we have created a nine-palace grid cooperation model such as "self-construction and co-operation", "co-construction and co-operation", "he built other camps", etc., through joint venture cooperation with well-known domestic nutrition and pension operators such as Lvkang Medical Care and Jiurucheng, to enhance the professional operation ability of the project; with Sinopharm, Everbright and other central enterprises to establish a central enterprise cooperation paradigm of our investment and cooperation; and with Beidaihe Regional Platform Company to carry out central-local linkage cooperation, and jointly promote the overall operation and overall development of regional pension projects.
In the next step, China Health and Pension Group will further integrate the high-quality resources of the whole society, and continue to build a "medical and pension integration platform for the integration of pension functions and medical functions" on the basis of the established "professional management platform for reform assets and idle assets such as real estate and property", "investment and financing platform for healthy pension silver economy" and "operation and management platform for inclusive pension standardized services", "standardized and high-level customer management platform" and "smart health care industry platform connecting government, institutions, communities and home care business" "Common and public welfare service and product supply chain platform for the elderly", through the synergy of seven platforms, build and form three major business systems such as "pension service and product supply system", "pension industry development system" and "pension resource management system", comprehensively build a healthy pension value chain and ecosystem, and promote the high-quality development of the mainland's healthy pension undertakings and industries.
"State-owned Assets Report": Recently, the State Council issued the "14th Five-Year Plan" National Aging Undertaking Development and Pension Service System Plan, what opportunities will be brought to the development of China's pension industry and even China's health and pension group? This year and even during the "14th Five-Year Plan" period, what is the development goal of China Health and Pension Group?
Zhu Yue: Building a socialist old-age service system with Chinese characteristics and consolidating the people's livelihood foundation for common prosperity is an inevitable requirement for building a socialist modern power. The CPC Central Committee and the State Council issued important documents such as "Opinions on Strengthening the Work of Aging in the New Era" and "Planning for the Development of the National Aging Undertaking and the Old-age Service System in the 14th Five-Year Plan", which fully reflect the importance attached by the party and the state to the healthy old-age work, and also depict a new blueprint for the development of the mainland's old-age care industry and industry, marking the mainland's healthy old-age development into a new era. This is of great significance to the development of China's health and pension group. We will seize the opportunity, anchor the goal, enhance the ability, and create a new situation for the company's comprehensive development.
During the "14th Five-Year Plan" period, we will complete the task of receiving, revitalizing and transforming the development of old-age service facilities in the reform assets of 300 training and nursing institutions in accordance with the requirements of reform, and effectively play the role of state-owned capital operating companies in promoting reform through the larger-scale, faster and higher-quality reception and transformation and development of training and nursing institutions. We will strive to build the largest pool of health care assets in China by integrating land, real estate and other property assets suitable for the transformation and development of the healthy pension industry in the whole society such as training and nursing institutions, and realize the maximization of the utilization of reform assets, the optimization of resource allocation and the demonstration of social and economic benefits through centralized management, optimal allocation and business grafting.
During the "14th Five-Year Plan" period, we strive to land inclusive old-age care projects in major cities across the country, with more than 50,000 inclusive old-age beds of all kinds, and establish a full-cycle, all-round, all-age old-age service and product system. On the other hand, focusing on meeting the needs of diversified and multi-level old-age services, seizing the important opportunities of the development of the silver-haired economy during the "Fourteenth Five-Year Plan" period, playing a demonstration role in age-appropriate transformation, standard formulation, model innovation, talent development, etc., playing a leading role in basic fields such as health management, geriatric disease research, elderly ability assessment, aging prevention, anti-aging, etc., playing an innovative role in the cultivation of new formats such as medical and nursing integration, health care integration, smart old-age care, and age-appropriate products, and playing an innovative role in the cultivation of new formats such as pension finance, old-age industry, Smart pension and other upstream and downstream fields have truly become the "chain chief" and "chain master" of the healthy pension industry chain, and highlight the new actions of central enterprises in the implementation of the national strategy of actively responding to the aging of the population.
end
Welcome to follow