To explore the necessity and strategies for developing elderly care finance in the context of population aging, this paper examines the current state of elderly care finance development in China and its challenges. The results indicate that there are issues such as structural imbalances, lack of financial innovation, insufficient product development, and lagging financial literacy in the development of elderly care finance in China. To address these challenges, it is necessary to promote the balanced development of the three pillars of elderly care finance, innovate financial models for elderly services, enrich the levels and diversity of elderly care financial products, and enhance the dissemination of financial education. Ultimately, the goal is to establish a stable and inclusive elderly care financial system to effectively address the multiple challenges posed by population aging.

Population aging;Elderly care finance;Labor force

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DOI： https://doi.org/10.62639/sspjiss08.20240103

Published： 2024