THE Qingdao-based Hiking Group set up a joint-venture nursing home management company with a Japanese partner. This is reportedly the first joint-venture in the field.

    It is designed to explore the high-quality seniors’ market in China, with Hiking earnest to learn from the Japanese partner to upgrade management and service standards of nursing homes.

    Edinburg International Care Center will be the first project of the joint-venture firm, expected to open in November next year.

    Hiking deals in trade logistics, real estate, investment and elderly care service. It now runs the Qingdao Aiwan Elderly Care Center.

    Chen Ting, Zhou Jianliang)