Abstract
In recent years, China’s population has a low fertility rate, an aging population and a continuous weakening of family support functions. The pension service industry has become a common requirement for maintaining the life quality of the elderly and relieving the care pressure of their family members. For a long time, home-based pensions, community-based pensions and institutional pensions have been regarded as three major modes of care for the elderly in China. However, the supply-side of pension services in China has the misunderstanding of emphasis institutional pensions and light home-based pensions, and it does not pay enough attention and utilization to the role of the community care service platform. In this regard, from the perspective of management research, we should change our thinking. Focus on the development of a comprehensive pension service system which based on community and service at home; focus on building a community home-based pension service platform; establish a unified evaluation system for care needs of the elderly; adjust the functional orientation of the elderly care service institutions; and reform the establishment of the four major elements of the medical and health service system for the elderly. The effective development of community home-based pensions for the elderly needs to play a role in three aspects: financial security, technical support, and manpower development.
Highlights
General Secretary Xi Jinping proposed the "supply-side reform" for the first time at the eleventh meeting of the Central Financial Leadership Group on November 10, 2016, requesting that “while appropriately expanding total demand, we should strengthen supply-side structural reforms, improve the quality and efficiency of the supply system, strengthen the power of sustained economic growth, promote the overall leap in the level of China's social productivity” [1]
Home-based pensions, community-based pensions and institutional pensions have been regarded as three major modes of care for the elderly in China
Shanghai proposes the "9073" model (90% for home-based pensions, 7% for community-based pensions, and 3% for institutional pensions), Beijing proposes the "9064" model and Wuhan proposes the "9055" model
Summary
General Secretary Xi Jinping proposed the "supply-side reform" for the first time at the eleventh meeting of the Central Financial Leadership Group on November 10, 2016, requesting that “while appropriately expanding total demand, we should strengthen supply-side structural reforms, improve the quality and efficiency of the supply system, strengthen the power of sustained economic growth, promote the overall leap in the level of China's social productivity” [1]. The state basically adopts such a form of expression in the development planning and normative documents concerning China’s pension service industry, propose the establishment of an “based on home, community and institution support” pension service system [5] Taking this as a guide, localities have determined the development plan of the local pension service industry based on the percentage of the elderly population served by these three types of old-age service models. This article believes that the "supply side" of China's aged care service should change its thinking, adhere to the concept of "using home as the mainstay, the community as the basis, and the institution as the support," and rely on the community to truly do a good job of providing home-based care for the elderly, so that the vast majority of the elderly can take home-based pensions [10]. The comprehensive pension service system will better serve the elderly and serve the society
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