Shanghai's Putuo District is aiming to become a leader in the life and health industry.
The district unveiled a new version of its Life Health Industry Policy on Friday.
It aims to further support companies in the sector, address key challenges, and help businesses stand out in a competitive market.
Tax revenue from the industry in Putuo reached 751 million yuan (US$103 million) from January to October 2024.
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Senay Ataselim-Yilmaz, Chief Operating Officer, Turkish Philanthropy Funds, writes that philanthropy often solves the very problems that stems from market failure. Some social issues, however, Â cannot be tackled by questioning the return on investment.