Reporter

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CCTV "News Investigation" program September 3, 2011 broadcast "endowment of the storm", the following programs Record:
Commentary: In Kunming, Yunnan, Which companies can no growth Xi companies such as gold, to the elderly as a target market, the development speed of implementation, financing and membership are rare throughout Yunnan, anonymity elderly home described to us his investment experience.
Reporter: When did you start with gold Xi company will have a link?
Investors: September 2004.
Reporter: how do you know them?
Investors: It is recommended by a friend.
Reporter: Do you introduce a friend to you what kind of prospects?
Investors: That gold Xi sell pension products, we older people have a good pension base, place it in Yunshan lying, lying Yunshan that place is the garden in Kunming,hogan outlet milano, the forest coverage rate of 82%, it introduced the pension base product called health wealth card, a card is 3600 yuan.
Reporter: What is this 3600 dollars to buy it?
Investors: Every year you can go to the base of his pension to live seven days, not money, free live seven days, living standards is a five-star pension apartment, very good equipment that is very cost-effective.
Reporter: Buy more to live?
Investors: Buy more to live, if you buy 10 copies, 10 copies is 1 year 70 days; second, it was the idea of ​​publicity is to focus on catering to the needs of the elderly, he called the slogan "as old as the world parents, children filial heart for the world. "
Commentary: "as the world elderly parents, children filial heart for the world" is the philosophy chairman Huanggui Lian Jin Xi proposed. 2002,  from Guangzhou to Kunming in Kunming, Yunnan Jin Xi older established clubs Co., attract older people to raise funds to purchase company pension products, and promised to return more than 8% per annum, monthly rebates, circulation continued, in six years later in 2008, quickly became a collection of gold Xi pension industry, eco-tourism, green agriculture as one of the diversified businesses, owns six subsidiaries, nearly 1,000 employees, members and up to a maximum of 20,000 customers of the public. 69-year-old Gui Guoan in 2005 started buying gold Xi raising pension products, and others of difference is that, even though he entered too early, but he was back and forth as many as 1.44 million investment.
Gui Guoan (Investors): I was like this,woolrich outlet, I saw the panels, the panels into our community to display, and then sell their products, then I looked, I saw that the villa is very beautiful, but also engage in pension business, then I said I went to look at, up to a few times, saw the Tang Xi, Huanggui Lian one is young, the second one is motivated large, it seems that time is playing that well water springs,spaccio woolrich, engage in forest SPA , the spa that some, after reading I decided to cast a vote I cast 300 000,http://www.s8chinese.com/forum.php?mod=viewthread&tid=501815&fromuid=9567, 300 000 becomes large customers, and then every 100 thousand dollars, there is a province and foreign travel, so I went to Guo Hong ah, Taiwan, what Guilin, Hainan these also have been to,peuterey uomo outlet, and then every month, it gave me a magazine,http://columbiact.calypsobluepoolandspa.com/?q=comment/reply/19, Yunnan out called "business elite", which "business elite" it, I saw all celebrities , and made good, then Huanggui Lian Each issue in the above, then I went to vote, after the vote on that branch, they would encourage me, you are a big customer, you can enjoy what better conditions, to vote to vote opinions invested more than 100 million to go.
Commentary: Gold Xi funding model looks very simple, is to let employees took to the streets to distribute company information to the elderly, to pass the company's pension model and investment programs, and elderly family gathering information, the data were analyzed, the Please continue to call the old people to participate in company activities. Xianju lying cloud surrounded by jungle and very advanced health facilities to attract older people's attention more than 8% interest return, you can make old people simply calculate the rate of return can be, but commitment period can be returned to the principal.
Gui Guoan: Then above the scenery is also very good for the health endowment, which at that time had a nursing home,hogan, this massage, pedicure and many electronic devices, it has a quantum detector for detection of cancer is very accurate, return on investment and collar, they have sports, convalescence ah this and other classes, it is fitting that the environment is also good. You looked into yet? Renovation of the grade is also good, in general is good, it is the most red when the bus every day, it is a dozen buses, and a pull-up, the red flag in the breeze, the flags fluttering, really who sea.
Commentary: Gold Xi was booming with the corresponding traditional nursing homes and apartments for the elderly are facing a situation where the center is located in Kunming Golden nursing homes, there are 96 beds, even though the hardware in general terms, but would like to come in at least the elderly need to line up more than six months before admission.
Reporter: This is a public nature or profit in nature,nike tn pas cher?
Liu Qian (Kunming Golden nursing dean): It should be said that the public nature of our charges are very, very low.
Reporter: Who are the investors?
Liu Qian: investments are our own investments.
Reporter: How much investment?
Liu Qian: probably cast more than 100 million.
Reporter: Did you want it accomplishing what kind of a thing?
Liu Qian: As my ideal goal, I want this nursing home is accomplishing a university like the same old, that Chuiladanchang, poetry and painting should have put their hobbies and interests to fully play out, not that so foolishly, so as to wait for a day like now what, I do not want.
Reporter: This is an ideal stand at the beginning when you do?
Liu Qian: right, good. But so what,hogan outlet, now that conditions can not be developed,hogan outlet sito ufficiale, so we can not, we only maintain the current situation.
Reporter: So how much money they have to pay?
Liu Qian: Now the current standard charges like we can take care of the elderly is at 700 dollars, is his to eat, live, as well as an ordinary routine care, the elderly can not move, then in 1400 and now , 1400 also includes these in the inside.
Reporter: 700 is the lower limit, the 1400 is the upper limit, no matter how high the fees?
Liu Qian: no.
Reporter: Do you think 700 to 1400,700 to 1,400 such charges, can make such a nursing home functioning and there is a surplus it?
Liu Qian: There is no surplus.
Commentary: The city is lagging behind gold Xi pension industry to become the company's development opportunities, pension and health product names Xi provided when gold reached a maximum of more than 20 kinds, have a healthy wealth cards, Wellness card, there are hotels, villas and apartments of different types of timeshare holiday, each invested 10,000 yuan a year off, you can get a return higher than the prevailing bank interest a lot, you can also enjoy a free vacation time ranging according to the level of investment, which is already full of retired old people attracted force, many elderly people began to come up with the savings of many years, began exploratory investment, become a member of the gold Xi million units to lend money to the company. 2006, Chen informed the old man began to try this investment.
Reporter: Which items you are interested in,nike tn pas cher?
Zhen informed: I'm interested in is not to live, is to be able to get a little more interest,air max pas cher, the purpose of this.
Reporter: So how a buy one? What you can get is?
Zhen informed: I bought him a total of 190,000 times, bought it in the room number, and then to run it, and then return to us, or have a feeling zoned ah, at that time.
Reporter: the equivalent of finance, probably yes.
Zhen informed: Yes, a three-year, five-year period, then put the money out when the time comes, I'll vote if you can, if not I will not cast.
Reporter: Do you invest in a start to do this time, with the family to discuss yet?
Zhen informed: discussed it with my wife.
Reporter: that old married couple, with their children to discuss yet?
Zhen informed: Children do not talk to them as if they are opposed.
Reporter: Why do children opposition?
Zhen informed: they feel insecure.
Reporter: Where is it unsafe?
Zhen informed: He could not say ah, if you told them, they would not agree.
Reporter: spoke did not agree, or simply no talk?
Zhen informed: did not speak, carrying them dry, carrying them, we discuss to discuss the old two, then buy it, buy a little time, a second time, this plan was the ah, began to interest still, take a half a year, six months Take time, still get started.
Reporter: Do you get too return?
Zhen informed: get over, or get over, two or three years now.
Commentary: timely return early investor acquired, lying Yunshan buildings in perfect health facilities for the elderly appear to allow older people to obtain a high quality of life in elderly with low investment, the effect of word of mouth, more and more Xi added to the gold elderly customer base among company size snowball  was named chairman in 2006 Ten new Yunnan providers,mulberry sale, health promotion Xi gold endowment model in Kunming increasingly among older age groups The more attractive by retired professor Wang Hu Jin Xi is at this time to become a member.
By King Hu (investors): My reason is to attract companies like to do the elderly health, health, pension rarely.
Reporter: how to attract about you?
By King Hu: first, it has a base, there is a rare propaganda oxygen bar, surrounded by forests, can be physical, can treatments.
Reporter: What do you see is the return on investment, or that life can go there and enjoy some of the elderly?
By King Hu: both.
Reporter: Do you inside and outside the total purchase amount of money?
By King Hu: bought a total of four times, about 200,000.
Reporter: Interest to it?
By King Hu: Interest collar once every year, because there are to enjoy, and also see the size of the actual propaganda is not true, is real; but it's the eco-restaurant is also very appealing to me, greenhouses inside each species melons,http://onigdesign.com/error.html, and varieties are very good, the restaurant does, but also supply the kind of diet that kind of herbal complementary foods.
Reporter: This is the future of your investment over to enjoy to enjoy?
By Wang Hu: I noticed that they advocated the pension model, targeted social groups, not the nursing home that group.
Reporter: the high-end.
By King Hu: high-end, I would think it should stratification. For example, I entered that we, the so-called next to the nursing home, I was reluctant to go.
Reporter: there how you do not want to go?
By King Hu: how should I say, the grade is too low.
Reporter: In your standard inside, it has a low-grade to what extent?
By Wang Hu: To what extent, in addition Guanfan addition, the elderly would not live any normal elderly, is for you to do cooking.
Reporter: Do you think that is not right for you?
By King Hu: not suitable.
Commentary: The proportion of the elderly population in Kunming in 2005 reached 13.5%, but also increased year by year among cities in the country at the same level in nine years in advance into an aging society, this is home care service station Xishan District Yongchang community In addition to the need to pay six dollars a meal, more than 200 elderly community where you can get a simple free pension services.
Reporter: This free in the end can avoid long?
Chen Lanfen (Xishan District Yongchang community home-based care center director): after all free.
Reporter: So the money needed, for example to staff paid the money, then?
Chen Lanfen: the money the government is now in the hair, the government subsidies.
Reporter: How much money a month to government subsidies?
Chen Lanfen: I now have two staff Well, one person's salary 1000, as some of our units it is given sponsorship.
Reporter: Their sponsorship is ongoing guaranteed, or that in this one-off?
Chen Lanfen: This is disposable.
Reporter: No guarantee is not it?
Chen Lanfen: There is no guarantee.
Reporter: You get these funds, one is sponsored by others, one is government subsidies, enough to operate? Even if it is the Chinese food.
Chen Lanfen: Now there are still some difficulties.
Reporter: In fact, your biggest problem is now a question of money?
Chen Lanfen: money.
Reporter: money is not a problem, how are you going to do?
Chen Lanfen: If this is the case then, I definitely want to expand open Laigao, that engage in day care, and then engage in on-site service, and then that night, the elderly apartments for the elderly to combine this one out.
Reporter: But your vision and your reality in passing.
Chen Lanfen: difference is too far, and this one is that it is these ideas, these ideas really, want the job done, because everyone will be old, I will old ah, is not it? So we can try to do something that is working in the community well, although there is no money, but the best of its ability to do some work.
Reporter: You make a special effort to understand, but we are worried about is the money it can not do so?
Chen Lanfen: I still want to try to do so, although their ability to do so, I am sorry, too excited, sorry.
Commentary:  complex emotions and gold Xi mode, a hot issue at the time of the highlights is a huge demand for old-age dominated by whom exactly? Government? Or the market? In China, everyone would do before the age with the material and spiritual intention for their future life in old age, and the current pension system can provide community is still at a low level, far from being able to meet the various income groups elderly different needs, and the concept of gold Xi company was raised in a way to meet the city's demand for high-end income seniors living in the future.
In 2008, when gold Xi, Hebei Baiyangdian company claims that the success scored in 957 acres of land at a cost of one billion yuan to build Following Xianju lying cloud, and a classic travel health real estate, the company developed a flourishing look, while the king by Hu Professor, but at this time that he received a depressed since news.
Reporter: When did you discover a problem?
By Wang Hu: problems discovered in the late 2008's, the legal Huanggui Lian convened a meeting of hundreds of thousands of customers around, I would discuss liquidity difficulties, it is likely that you expire, then I'm not the principal, can not Let me ask you a little effort, a few months or six months, so we signed a deferred principal agreement.
Reporter: You have to sign up?
By King Hu: signed. After it was signed, to 2009, not only did not know she was not the principal,peuterey online, and it should be given according to the provisions of the contract that in return, they called just like to not on bank interest, and this time we feel this business a little problem, the original did not think it would have problems.
Commentary: news surfaced in June 2009, Kim Xi's capital chain rupture completely, Xianju lying cloud suddenly had this to bring hope to the elderly pension, and health of the elderly has become the 7822 investor's sad land, credit and debt around between gold Xi and investors up to two years of see-saw continues to this day, intricate plot.
August 2011, the CCTV reporter came Gaun Xianju, found here basically normal operation,http://morninglightmedia.net/louspetshop/content/banner-explore#comment-38808, and prior estimates there are differences, where we saw the gold Xi chairman Huanggui Lian.
Reporter: At that time, when you start from where came to Kunming?
Huanggui Lian (Gold Xi Chairman): from Guangdong.
Reporter: It was the business model that you consider what is? How profitable? The company how profitable? How investors make their profits?
Huanggui Lian: What we do is this timeshare and resort, if I total it can accommodate 1,100 people to stay this way, then this way, then, if that is the occupancy rate to achieve this 80%, I think this is to satisfy the customer This demand is not a problem.
Reporter: Like 8% return, or even more than 10% return, the rate of return was how confident you set so high?
Huanggui Lian: 8%, then, that in fact the beginning of our words are a little higher, to the back, then we went to the final surface, then we only have 6%, on average, less than 8 percent if possible a little, then I actually like I have just that tell you, if we can achieve this occupancy rate, we do this high-end resort, that this operation done so,abercrombie, to meet customer demand is no such problem.
Reporter: Do you how we can guarantee you that 1100 will be able to start the occupancy rate will be able to meet the high level of it?
Huanggui Lian: For this market, then I think it'd really means that we have some unexpected behind this is that, as is the procedure above problem, If we exclude this issue, I think the market is going to do nothing wrong .
Reporter: What is the formalities?
Huanggui Lian: We just go through the formalities of a property issues throughout the project.
Reporter: This property procedures extent to how this affects your rate of return?
Huanggui Lian: This affect this, I think it should be said that a fatal impact is basically the main funding strand breaks is such a reason in 2009.
Reporter: So this is a series of difficulties encountered accreditation, which funds strand breaks and you have to do?
Huanggui Lian: This is a great relationship, to say that you did not win the title certificate, that this is all my money into the project above into assets, but I can not become a financial asset that is encountered so of an awkward a position, because you can not sell, can not go to the loan, you do not have certificates of title.
Commentary: As gold Xi's fund-raising behavior is in the investigation stage, the relevant institutions are not they interview. Reporter survey found that gold Xi's 2002 investment to Kunming, the associated package of legal documents and lying Yunshan all levels of government management committee of this township signed accredited institution. 2004, that is, after lying cloud Xianju already started construction, Kunming government policy adjustments to improve the approval authority, the amount of investment in gold Xi lying Yunshan Yunshan lying beyond the authority of the CMC, require prior All need to go through the formalities are only legitimate, plus lying Yunshan area at the time have not yet entered the building plan Kunming until January of this year, which is funding strand breaks in a year and a half later, Huanggui Lian got Kunming planning Bureau issued a planning permit, but the license to handle problems caused by 7822 only the plight of the elderly investment among one of many reasons.
Huanggui Lian: that in 2009, no money has been paid out, but in 2006, when it could say it is a little timid, that was not very decisively to stop this project or that I do not do, total thought I was rolling, and then my card down, I can totally save the.
Reporter: So you just said that in 2006, when, if not, then your idea is no longer absorb new financing, then why start from 2006 until June 2008, you are still in the market to sell out Your derived products?
Huanggui Lian: yes, because of what you own this, I have already said, no way to become a capital asset, so to attract more money, does not mean that we must attract more funds, that wanted to say, so sub-rolling, the inventory of the project.
Reporter: I kinda wanted to do not understand, from 2006 to 2008 this year, new you sell these items to get new funds that can help you solve the problem?
Huanggui Lian: that can help to maintain a state in a normal operation. To tell the truth, of course, in our own responsibility, that is not the courage, at that time very decisively to stop this thing, and now is this indeed the longer this dragged on real time, the consequences will be more serious.
Reporter: That stopped in 2006 and in 2009 stopped, what is the difference?
Huanggui Lian: 2006 stopped, the customer less, much less, the entire funds will be much less, is like this. That in 2009 to the back, then surely this is to say that the number plate inside more, a large amount of money.
Commentary: In fact, starting from 2006 Gaun Xianju built this beautiful mountain scenery will also become  and elderly investor's nightmare. For  speaking, because licenses missing, the huge buildings can not be conceived in accordance with the prior business running, no running water source, all the facilities and equipment can only be used to honor those free people committed to the old contract stated,http://bbs.mm111.net/home.php?mod=space&uid=244218, a huge operating and administrative expenses and debt service funds continue to accumulate maturity needed,air jordan soldes, formed a huge deficit, can only rely on the elderly in 2006 after a new injection of funds to maintain investor, while investing for the elderly, in both return and can enjoy free health care services cozy, the beauty of a disaster are slowly brewing.
Gui Guoan: at the time that some of the service staff is good, she came from Guangdong, Guangdong that she essentially as a set of management, that is 90 degrees bow ah, ask Well, this is a second, then said, The main room and board is, you little capital investment and room and board for free, and then gave you the payment, to a year, as long as you hold the contract to go,hogan sito ufficiale, and then immediately brought the money. Now look at this thing is actually very dangerous ah, out without Well, certainly not into just a thing to happen.
Commentary: October 2009, Huang Guilian to get rid of the dilemma, Shandong Punda group together, trying to Golden Sunrise company name all of the assets and debts to 360 million transferred to the other side of the price package, the other party was committed to continue to inject funds to allow Gaun Xianju project truly up and running. The restructuring plan despite signing an agreement but ultimately ended in failure,http://sgwto.com/bbs/forum.php?mod=viewthread&tid=3721124&fromuid=115948, the results in so many people think Huanggui Lian withdraw its role.
Reporter: What do you expect this Punda company took over the stall after what they can do?
Huanggui Lian: I was in front of customers as promised, I though I am now, I quit, I totally transferred to him, give him the assets, debt to him, but all the customers got the money, I will leave . So think he must have a sufficient customer trust, there must be a plan and to implement.
Reporter: What if he has no such plans and you can not interfere?
Huanggui Lian: I will not interfere.
Reporter: that thing, that you do not know whether they have such a clear plan, once it is time to be able to protect the interests of your customers, you put assets and liabilities packaged for sale to this company? This in itself is not also at great risk.
Huanggui Lian: this we do not evade, eager hope for success, because at that time all of them are frightened customers, so therefore if all rejoice, think this is a good thing.
Reporter: transferable.
Huanggui Lian: right.
Reporter: But some people say that this move just shows you that you are a quick change, how do you see someone on your this evaluation?
Huanggui Lian: It has become, I do not think people say, because this thing did not come, then he said to me was a quick change, to be so to say, I appreciate.
Reporter: Do you think this situation will last long?
Huanggui Lian: I can just run down the ownership certificates, can melt into the first pen capital, financial capital, then the first pen, of course, how much money I can not melt completely bottomed, then I probably can not all repay them, but also to give me some time to be able to put this whole Xianju lying cloud, the project to build it well, is to give it this asset expansion, and then I expected to be settled first pen next year, possibly To batches to settle.
Commentary: When gold Xi's funds strand breaks, appear in all 7822 investors were two opinions: Although the goal is to recoup their losses, but the path is very different, Chen informed idea is to use legal means.
Zhen informed: We will mobilize people quickly the first one is reported to mobilize everyone to report, and the second we want to understand how much of its assets, in the end, is not insolvent, or funded debt, is not it? First figure out this problem, we checked assets.
Reporter: Do you participate in this entire investigation team composed by the customer yet?
Zhen informed: I attended the meeting. At that time I still have chances, said I to understand the situation, the point of the idea, think of ways to engage properly or that made money, the money is to find a way to get back to this point of time,abercrombie outlet, so we find ways to make her capital verification, hand over the cards, how much is your assets, but also how much money, how much anything, in the end-funded debt, insolvent, if it is owned foreclosed, and we even worry a little, insolvency dangerous.
Reporter: Do you think these companions later analysis, they are beginning to do a thing for you is really willing to older people, or should I say the beginning is to dig a trap so many people jump inside?
Zhen informed: is a trap.
Commentary:  is the director of customer representatives committee, starting in 2010, he and a dozen other elderly people together to participate in the daily affairs of the company's gold Xi among accounts and financial control of the seal, capital verification, and together and relevant government departments to continue to go through the relevant license.
Gui Guoan: audit of the assets it, that you a kind, is a glass, I'm going to see this glass, is a pen, I'm going to see this pen.
Reporter: You tell me the results.
Gui Guoan: The result is that, she said, there is a little bit out of this situation is the condition of the assets is 239 million, assets are 239 million, 239 million which is the book, it does not take into account the loss on the carrying on equal to include this part of the assets with fixed assets, monetary assets under construction. So the debt situation it should be said that 3.34762 billion and probably that is the case, such a view means that one can know, insolvency, is not it? Then temporarily sealed, put the current assets supervision and good management is good, then the card after finishing as soon as possible. Some comrades ah, you think they are the hiding of assets, the assets may be transferred, then say a proposed a slogan that injustice has a head with the main debt, our money to her, she would have to, I with them this idea is completely opposite.
Reporter: What are you thinking?
Gui Guoan: opposing it, I'm going to speak I think enough is enough and can no longer move, if we move down, the companies are finished, we are finished.
Commentary: After the passengers will participate on behalf of the company's business, urging employers together to make a hotel management company's existing assets Xianju lying cloud up and running, give the company a number of benefits, while continuing to handle the relevant procedures and revitalize Gaun Xianju fixed assets to maximize the investor's principal for less losses in passenger generations will, Lu Youzu job is to lead handling license.
Lu Youzu (investors): There are more than 50,000 square meters of the house,http://www.888mlb.com/forum.php?mod=viewthread&tid=558383, as well as 703 acres of land,http://e-learning.tsu.ge/login/index.php?item/create_form/1, then later we put these finishing, which owes 300 million four customers money, is a large number, can be completely lost, she says, We went over the government report, the government is also very supportive, I've been to the city of Investment Promotion Bureau, told me that as long as you run this thing, we can come in the investment with you, no problem, this thing that I analyzed it, 5 million square meters of our money now, and I told him a little less, 5,000 dollars a square meter, fifty-five 200 million 5, plus the land, plus the planning, plus green, plus geography now worthless degrees, City Hall has put it this plan down, is used as a commercial and financial sites, travel sites, this premium will rise up, I think, that the customer can pay this money, she says.
Reporter: You just said these reasons, you can convince to invest together with you?
Lu Youzu: I talked to them, they are in favor, we will follow the company on behalf of a passenger in a newspaper published a bulletin to  admit that we limit these contracts from time to time in the proceedings, has been put everyone's money also have been exhausted, that I have to consult over the Xishan District Court, Xishan District Court said that the announcement to work, in line with the law.
Commentary: The week off will be organized on behalf of the client briefing will present the progress of the work described to investors, as a passenger on behalf of the Council members appease Professor Wang Shouhu often the scene to explain, do other customers.
Reporter: What do you feel like you this way, urging them to various licenses after all run down, your investment will be able to recover?
By King Hu: I think as we now go this route, according to a permit is the first step, then the next step, that is,abercrombie magasin france, the license to do after, how to make an inventory of the assets. The purpose of this work is to do this anyway assets to repay debt onto the road.
Reporter: What do you see, now it seems there are two distinct views, as you are able to save her advocate, and then restore their losses, some people think you have to cure her, then think of ways to restore their losses.
By Wang Hu: I think of it, here in these creditor side, there are all kinds of ideas, some people are not out of the debt, get their due rights and interests under the circumstances,chaussures louboutin soldes, indignation, they have to rule that the person has , but I understand it, these people are too extreme, and he did not think how to save their own interests, their own interests to ensure the realization of how, or how to assert my rights, and some people actually very naive to say that the They rule down, to request the government, government functions have this right? They absorb the social compensation funds by the government, which realistic?
Commentary: 7822 elderly people, 340 million of principal residence in the carrying on of Xi's, these two figures intertwined together right and wrong, just tragic event Xi gold surface, and deep subsequent question is had the opportunity to more than win situation, why will be no winners tragedy? Who will meet hundreds of millions of Chinese elderly in the future multi-level needs?
Reporter: So let's say now old aging society, an aging society the world has such a standard, the standard of our country specifically what?
Military Service (Professor of Sociology, Peking University): should we be in accordance with the standard of the United Nations, in the past we used a 60-year-old, 60-year-old is more than 10% are aged society, we follow the 60-year-old would probably be 1999 National entered the aging society, then and now the Six P, the sixth census, developed a common international standard we use, 65 years old,woolrich milano, 65 years of age is 7 percent this standard, in accordance with this standard, then, We also have entered the aged society.
Reporter: Once entered into the aging society, and that there is a difference in the pattern of the entire pension now our country, as well as the social security between modes with the real needs of the elderly will.
Military Service: It should be said that the difference is relatively large, we say that China's aging, unlike developed countries, unlike some developing countries, after a long time, but the relative per capita is still relatively low, we have entered the aging, and Another is our relatively large, a little more than 170 million total population of this, combined with our institutional arrangements, we do not plan ahead, that is, there is no aging time, we were ready. We are now rich side to side now formulated our system design and public policy.
Commentary: Liu Qian nursing homes in the hardware business in Kunming is a moderate grade,basket nike tn pas cher, and now she most wanted to do was make this hardware conditions better.
Reporter: Government subsidies it?
Liu Qian: Yes ah.
Reporter: Each bed is about how much?
Liu Qian: Each bed is 30 dollars per month.
Reporter: Although you provide a service can be said that such a public service, but that is a private investment?
Liu Qian: private investment.
Reporter: private investment, then it should be cast into the money, I want to see it there is profit to come back, so it be possible to do so. You now say that the profits are meager, even almost nothing.
Liu Qian: almost nothing, right.
Reporter: So you will lose money doing?
Liu Qian: lose money will do, but I did not lose money, not to mention now, because I have another one service project that the student lunch delivery, so there there are profits, but also promote the development of the entire company, if the nursing home if able to combine rehabilitation and retirement piece, and that is the best, but now I addition to entertainment endowment, which we are able to meet the requirements of the elderly, but this one is really still in medical one flaw it.
Commentary: off-generation weekly briefings will still be gold Xi company pension outline a vision for their dead in their hearts, old people for their future is full of doubts.
Reporter: Do you think it is their business model itself is a problem, or that their ability to operate a problem?
By King Hu: both.
Reporter: What do you think their starting point there is no problem?
By Wang Hu: the starting point is no problem, the government introduced the project they were not a problem, but their business strategy or is this business is that their ability is not very brilliant.
Reporter: Do you now see, based on your understanding of this pension model as they are not a bit too far ahead?