australia-china international aged care summit 2015

The Ideal Consultancy Directors Louise Greene and Fiona Somerville will travel to China to participate in the Inaugural Australia-China International Aged Care Summit to be held in Beijing on 16 and 17 November 2015.

about the summit

The Summit is a collaboration between China’s national peak body for aged care and health industries and Austrade will be the first Australian government initiative on aged care and healthcare services since the signing of the China-Australia Free Trade Agreement (ChAFTA) in June 2015. The Summit will provide Australian business with the window to gain access to the world’s second largest economy and its huge potentials in aged care and healthcare spectrums.

The Summit aims to showcase Australian aged care and healthcare capabilities and help Australian product/service providers to understand market demands and future trends in China, share insights and experience, and facilitate bilateral engagements to support potential collaborations and commercial opportunities. Austrade is expecting over 300 delegates from China.

chinese senior living and health (aged care) industry

The Chinese Senior Living and health (aged-care) industry has been described as the ‘Mega Market’ of all international aged-care industries. With an ageing population, increasing life expectancy and the rapid growth of middle-class urban population, China’s demand for healthcare is set to increase in coming years. Its value is presently estimated at 100 billion USD and will grow to over 160 billion USD over the next few years. China has reinforced reformed its policies to encourage foreign investment to assist with this demand. Under ChAFTA, China will permit Australian service suppliers to establish wholly Australian-owned commercial aged care institutions in China with no geographical restrictions and allow Australian medical service suppliers to establish wholly Australian-owned profit-making hospitals in certain provinces/ cities in China.

about ideal

The Ideal Consultancy is a professional services firm providing advice and support to the Health, Retirement, Aged and Community Care sector.

Ideal’s services focus on strengthening organisations to address the challenge of operating, and thriving in an increasingly competitive market driven environment. Services include strategic planning, business analysis, review of operations, business improvement, business marketing, consumer communications, re-mediating problems and implementing business growth strategies.

Ideal works collaboratively with our clients building their knowledge and expertise. This includes building robust predictive models for service use and developing tools that enable clients to disseminate knowledge throughout their organisation.

Ideal is at the forefront of innovation and invests in researching international best practice; in the past two years we have participated in industry learning tours to the UK and USA.

Our clients include some of Australia’s largest (including ASX listed) providers, not for profit organisations and government.

benefits of participating in the summit

Through participating in the inaugural Summit provides Ideal will:

  • Gain a better understanding of one of the world’s largest and fastest growing markets.
  • Obtain first-hand market insight about your products and services from local industry.
  • Build business opportunities with existing and/or potential customers/ distributors and meet potential joint venture partners.
  • Increase your brand awareness and sales in the China market.
  • Enhance and build relationships leveraged from being part of a national delegation.
  • Gain greater insights into the implications and impact of ChAFTA.
  • Benefit from government access and on the ground assistance from the Austrade team in China.

Ideal looks forward to participating in the Summit with our Australian colleagues and the Chinese delegates and thanks Austrade for the opportunity.