Invited by Chinese business groups, ALFA Past Chairman of the Board Steven Vick and ALFA President/CEO Richard Grimes represented ALFA and assisted living at a Beijing conference last week focused on China’s growing challenges surrounding its aging population and seniors housing.
Vick, CEO and Co-Founder of Irving, Texas-based Signature Senior Living, made a keynote presentation about the U.S. market and the assisted living philosophy of care to central government officials, investors, and other business interests. Grimes spoke about the Assisted Living Federation of America and its role in helping to raise the bar for excellence and its advocacy efforts in support of senior living companies that provide a resident-centered quality of life for America’s frail elderly population.
With an enormous population – 1.4 billion Chinese people compared with a U.S. population of 300 million – the country is only beginning to face the growing needs of their aging population. Following the conference, Vick and Grimes participated in numerous meetings with officials and investors. According to ALFA’s Chinese hosts, at least one plan in the works is to build several large assisted living communities in the greater Beijing area.
There are several economic and social factors at work in China that, thus far, have led to China’s increasing interest in assisted living:
“It was a privilege to represent ALFA and the great work of our members. It was especially wonderful to team with Steven Vick, a pioneer in assisted living and former ALFA Chairman of the Board,” said Grimes. The ALFA delegation reciprocated the hospitality by inviting a delegation from China to the 2010 ALFA Conference and Expo to be held in Phoenix, May 25-27.
To see photos of the ALFA delegation to China, visit ALFA’s Flickr feed.