The Evolution of China's Aged Service Supply Model

Abstract

Since China entered an aging society, the problem of old-age care has become more prominent. In providing elderly care services, the government, families, communities, markets, and social organizations have joined the ranks. From the analysis of the evolution of China's new China, the early stage of market economy and the pension supply model since the 21st century, it is found that China's old-age service supply model has experienced the "family-unit-social-family"-based provision of aged care services mode. And it is found that there are four problems in the current supply of pension service in China.