The elderly care service market in China is developing fast in recent years and accelerates the aging process. However, there are apparent contradictions between accelerated aging progress and inadequate provision of elderly services. The Chinese government has already established the pension industry guidance funds to use government funds and private flow through specialized fund management companies based in each province. This research will conduct several studies about how helpful these guidance funds are to develop the market-oriented elderly care industry. Also, the problems in-between will be found, based on which the political advice will be made.
|Effective start/end date||1/01/21 → 31/12/21|