The third session of the 13th National People's Congress has opened in Beijing. The meeting heard a report on the work of the government delivered by Premier Li Keqiang of The State Council. Xiaobian check the full report, found a total of 7 mentions of the elderly place, one by one listed below.

Pension/endowment insurance:

People's wellbeing will be further improved. The per capita disposable income of residents exceeds 30,000 yuan. Basic old-age, medical, and subsistence allowances were raised.

This year (2020) we will continue to cut VAT rates and enterprise pension insurance rates, and cut taxes and fees by about 500 billion yuan.

Early for tax cuts expire before the June JiangFei policies, including micro, small and medium enterprises shall be exempted old-age, unemployment and inductrial injury insurance unit pay cost, small-scale taxpayers relief VAT shall be exempted from public transportation, catering accommodation, tourism, entertainment, culture and sports services such as VAT, breaks the civil aviation development fund, port construction fee, execution period all extend to the end of the year.

2020) We will strengthen efforts to ensure basic living standards. We will increase basic pensions for retirees and raise the minimum basic pensions for urban and rural residents. Nearly 300 million people across the country receive pensions, and we must ensure that they are paid in full and on time. We will improve the preferential treatment and resettlement system for ex-servicemen.

Related to the elderly service industry:

Push consumption back up. Steady employment will increase incomes to ensure people's wellbeing and increase their willingness and ability to spend. We will support the recovery and development of the catering, shopping malls, culture, tourism, homemaking, and other service industries, and promote the integration of online and offline services. We will develop old-age and childcare services.