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Financing Old Age Care: Definition, Theoretical Framework and Trend

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Annual Report on Financing Old Age Care in China (2017)

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Abstract

Financing old age care is an umbrella term which includes pension finance, financial services for the elderly and finance for the elderly care industry. Pension finance is to manage pension assets in a way to preserve and increase their value; financial services for the elderly are to serve the elderly population’s needs for various financial products; finance for the elderly care industry is to assist the industry in investment and financial activities. Financing old age care is not only significant to an ageing society but also to economic transformation and upgrade. China’s pension finance is seriously lagging behind, calling for greater efforts to close the gap.

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References

  • He, Q. (2011). To establish pension finance: an imperative task for China, International Financing, (4).

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  • Yang, Y. (2015). Report on the development of China’s ageing society and old age security, Tsinghua University Press.

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Author information

Authors and Affiliations

  1. Renmin University of China, Beijing, China

    Keyong Dong

  2. Pensions Management Department, China Asset Management, Beijing, China

    Bo Sun

Authors
  1. Keyong Dong
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  2. Bo Sun
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Editor information

Editors and Affiliations

  1. School of Public Administration, Renmin University of China, Beijing, China

    Keyong Dong

  2. Dacheng Fund, Shenzhen, Guangdong, China

    Yudong Yao

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© 2018 Social Sciences Academic Press and Springer Nature Singapore Pte Ltd.

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Dong, K., Sun, B. (2018). Financing Old Age Care: Definition, Theoretical Framework and Trend. In: Dong, K., Yao, Y. (eds) Annual Report on Financing Old Age Care in China (2017). Springer, Singapore. https://doi.org/10.1007/978-981-13-0968-7_1

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