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care  and  care market. From product  innovations   this respect. For example, the Guangzhou First
           to the speedy supply of elderly health care and    People’s Hospital have collaborated with the
           care services, these insurance organizations have   Faculty  of  Medicine of the  Chinese  University  of
           rolled out diversified models in elderly care. Elderly   Hong  Kong  to  develop  the  Hong  Kong  Medicine
           care financial management, exclusive commercial    Connection project.  This project allows residents
           elderly  care  insurance,  elderly  care-specific   to  seek  remote  consultation  from  hospitals  over
           savings  and  commercial  pension  are  among  the   the Internet and obtain the prescription for
           trial products that were launched, boosting the    commonly used  medications in Hong Kong and
           selection of  products  and  service models in the   Macau, which are then delivered to their homes in
           elderly care financial market of the GBA.          the GBA. Remote health care will also benefit from
                                                              the  advancements  in  wearable  computers  and
             Technological    innovations    have    also     the Internet of Things (IoT). Wearable computers
           empowered  the  elderly  care  finance  industry  in   enable the elderly to monitor their health conditions
           the  GBA,  offering  novel  means  of  security  to  the   remotely and detect instances of abnormalities in a
           development of elderly care finance. For example,   timely manner.
           the  “Smart  Elderly  Care  Services  Platform”  of  the
           Luohu District in Shenzhen disburses and manages     Big Data Platforms: The construction of big data
           the home-based elderly care vouchers by using the   platforms  is  crucial  for  establishing  trustworthy
           digital Renminbi hard wallet. The elderly can spend   and  smooth  digital  data  flow.  Zhuhai’s  Hengqin
           money at the coops by tapping their digital cards,   Hospital  and  the  health  care  service  providers  in
           significantly  enhancing  the  convenience  elderly   Macau have set up pilot schemes for the mutual
           care services. Technology has been fueling the     recognition  of  cross-border  health  records,
           innovative development of the elderly care finance   e-health histories and testing results. Within the
           industry, revitalizing and upgrading the elderly care   GBA, the cities of Guangzhou, Shenzhen, Zhuhai,
           finance system of the GBA.                         Foshan, Huizhou, Zhongshan and Jiangmen have
                                                              taken the lead  in establishing municipality-wide
           3.3.    Innovate the co-administration of          health information platforms, thereby achieving
           elderly care services                              interconnectivity and mutual access, data sharing
                                                              and  joint  service provision amongst  the  major
             Cross-border elderly care requires the high level   health  care  providers  in  these  municipalities.
           of security for health care data transfer and sharing   Furthermore, big data is the basis upon which
           across the region, enabling health care providers   the overall health status of Guangdong Province’s
           and doctors to retrieve the patient’s information   population can be monitored. In this sense, big
           quickly. The existing differences of the health care   data is laying the groundwork for the integration
           systems in Guangdong, Hong Kong and Macau          and sharing of health care information in the GBA.
           present certain challenges for cross-border elderly   As big data becomes available, health data from the
           care and health care. Therefore, inter-system      GBA can be collated, allowing for analyses and data
           alignment in cross-border health care is essential   mining, which, in turn, informs health care-related
           to  ensure  that  Hong  Kong  and  Macau  residents   policymaking with accuracy and scientific support.
           receive  timely  and  effective  health  care  services.
           Technological  innovations  will  play  a  significant
           role in addressing these challenges by providing   4. Confronting the challenges of
           convenient, secure and individualized elderly care   cross-border elderly care
           services in the following ways:
                                                                The foregoing practices and joint developments
             Virtual reality (VR) and augmented reality (AR)   have  shown  certain  positive  results  in  the  cross-
           technologies: These technologies facilitate remote   border elderly care services industry in the GBA.
           health care services. Currently, many collaborative   However, the rising trend of an aging population
           projects have demonstrated new possibilities in    presents further difficulties and challenges ahead.





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