A Comparative Study of the Pension Mode in First, Second-tier Cities and Third, Fourth-tier Cities in China

Xiaobo Wu, Yuchen Wu, Xiaobai Ma and Xinyue Shen
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Xiaobo Wu: Zhejiang University
Yuchen Wu: Peking University
Xiaobai Ma: Enterprise Research Institute, Development Research Center of the State Council
Xinyue Shen: University of Sydney

A chapter in China's Road and Aging Population, 2023, pp 223-241 from Springer

Abstract: Abstract As the base of the elderly expands and the degree of aging continues to increase in China, the scale of the pension market will continue to grow. According to the State Council’s 13th Five-Year Plan for the Development of the Aging Industries and the Construction of the Pension System, it is estimated that in 2020, the number of people aged 60 and above will increase to approximately 260 million, accounting for approximately 17.8% of the total population; at the same time, the elderly dependency ratio will increase to approximately 28%; it is estimated that the elderly will reach 360 million, accounting for 25.5% of the total population by 2030.

Date: 2023
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DOI: 10.1007/978-981-19-8891-2_15

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