China Updated Industrial Structural Adjustment Guidance Catalogue 2019

Geriatric Nursing Industry has been added as “Encouraged Industry”

Source: Internet

China’s National Development and Reform Commission updated the final version of Industrial Structural Adjustment Guidance Catalogue 2019.

Encouraged industries include human resource and human capital service, AI (Artificial Intelligence), geriatric nursing (nursery for aged people) and baby/children nursery, housekeeping service, and auto(car) parts industry.

The draft in April (left) compare with the final version (right)

Cryptocurrency Mining (such as bitcoin mining), Stone/Jewelry Processing Technology without dust removal equipment, are no longer to be the industries “need to be eliminated”, compare with the draft in April 2019.

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