Retirement Communities: Continuing Exploration to Meet Growing Social Demand
As China’s elderly population continues to grow rapidly, so do needs for elderly care services. The central government has introduce a number of policy measures designed to boost development the service industry, of course retirement community forms an integral part. In this chapter, we first examine concepts related to retirement community, then review the history of retirement communities in China, the needs for such communities, and the current policy environment. We also offer an analysis of the state of development of retirement communities in the year 2016 as well as issues facing the industry and development trends. Finally, we look at how finance can support the development of retirement communities in China.
KeywordsRetirement community Development model Financial services
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