According to the Opinions, key elderly care service areas that will be given priority support include elderly care institutions, establishment of the community elderly care system and the integrated development of medical care, elderly care and health care. Also, the Opinions explicitly indicate that private investors will be selected according to law in a merit-based manner, and efforts will be made to set reasonable requirements for private capital's engagement and remove the local protectionism and invisible barriers. Domestic and foreign legal persons that have in place the modern enterprise system, excluding the financing platform companies that are subordinate to local governments at the corresponding level but have not undergone transformation and state-owned enterprises controlled by local governments, could participate in elderly care service projects in the capacity of private investors. Furthermore, the Opinions propose that the governments are encouraged to give their support to the construction of elderly care projects by a string of coordinated means, such as authorizing the operation, injecting capital, becoming a shareholder by virtue of land, granting allowances for operation, and subsidizing investment, and private investors are allowed to construct eligible hospitals, nursing centers, nursing houses as well as affiliated facilities thereof, and other supporting profit-oriented projects.