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

In: China's Road and Aging Population

Author

Listed:
  • 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)

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.

Suggested Citation

  • Xiaobo Wu & Yuchen Wu & Xiaobai Ma & Xinyue Shen, 2023. "A Comparative Study of the Pension Mode in First, Second-tier Cities and Third, Fourth-tier Cities in China," Springer Books, in: Yining Li & Qiuyun Zhao & Zhiqiang Cheng (ed.), China's Road and Aging Population, pages 223-241, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-8891-2_15
    DOI: 10.1007/978-981-19-8891-2_15
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