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China braces itself for population aging (2)

By Li Xiaohong (People's Daily)

15:51, November 04, 2011

At present, the demand for elder care services far exceeds the supply, and the senior care industry is still in the early stages without a clear path to profitability or appropriate policies.

Full pension coverage is practical solution

Priority should be given to home-based care services, with nursing homes as a supplement.

Zhai said that the State Council said in the newly-released "Planning on the Development of China's Elderly Undertakings during 12th Five-Year Plan period" that it should accelerate the pace of establishing and improving the social pension security system, step up the construction of the social elderly service system and improve the levels of social elderly services.

Zhai said that China should strive to complete three tasks:

First, elderly service institutions should enhance service quality, increase service functions and offer diversified elderly services.

Second, it should prioritize the development of nursing and rehabilitation services and improve medical care for the elderly.

Third, it should accelerate the development of special products for the elderly, such as supporting rehabilitation tools, and expand services that meet the needs of the elderly, such as special care, domestic services, fitness, tourism and financial services in order to boost the quality of life of elderly people.

【1】 【2】

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