Taikang began to explore the pension industry in 2007. In 2009, it obtained the first pilot qualification of community investment in pension industry approved by the former China Insurance Regulatory Commission. It is the earliest insurance company to enter the pension industry in China, and has now formed a complete system. At present, Taikang has completed the layout of Beijing, Shanghai, Guangzhou, Chengdu and other 12 core cities. Each community is equipped with rehabilitation hospitals, which can provide more than 20,000 beds for the aged and nursing, and more than 2,000 residents in four communities have been put into operation. Up to now, Taikang has invested more than 20 billion yuan in the construction of medical and pension infrastructure, accounting for 1/3 of the total investment in the industry.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.