3 thoughts on “How big is the Chinese pension industry?”
Catherine
With the improvement of people's living standards and the changes in consumer demand for elderly groups, the elderly market is getting bigger and bigger, but the pension market has a shortage of supply. The current pension model structure is still different from the "9073" model structure proposed by the State Council. The number and quality of institutions are yet to be developed. Insufficient supply has made a large number of foreign companies enter the Chinese pension service market. In demand, my country's per capita expectations of improved life expectancy, accelerated aging development, rising consumption capacity of the elderly promotes the rapid growth of pension services, and huge pension demand will bring a broad market prospect to the pension market. It is expected The market size may exceed 10 trillion. Cuvenile supply in the elderly market In the definition of the "Classification Classification Classification (2020)" promulgated by the National Bureau of Statistics in February 2020, the pension industry is to ensure and improve the life, health, safety, and participation of the elderly Social development, the purpose of achieving the old, old -fashioned, old -fashioned, old, old, old and happy, old and old, etc. The collection of production activities, including providing products specifically providing products for pension or elderly people, as well as pension supplies and related product manufacturing activities suitable for the elderly. Ap with the improvement of people's living standards, the changes in consumer demand for elderly groups, the elderly market is getting bigger and bigger, but the supply of enterprises cannot meet market demand. The pension model implemented by my country is mainly the "9073" model, that is, 90%of the elderly take care of themselves by the family, 7%enjoy the community home care service, and 3%enjoy institutional pension services. The pension model structure in my country is 96%of home pensions, 3%of community pensions, 1%of institutional pensions, and there is still a gap between the "9073" model structure proposed by the State Council. 2016-2020, although the number of nationwide pension service agencies increased from 28,000 to 38,000, there is still room for rise compared to the huge market demand. In addition, the current polarization of the pension market is that one is that high -end pension real estate projects do not meet the needs of most people. The other end is that most of the current pension institutions are inconvenient, the quality of service is not high, and it does not meet the needs of mid -range pension institutions. Therefore, in the face of changes in consumption upgrades and the transformation of health needs, it is necessary to diversify, professional, and targeted market development. The supply of pension markets in my country is insufficient. The broad prospects of China's pension service market attract a large number of foreign companies to enter the Chinese pension service market. According to statistics, as of the end of 2020, 40 companies from at least 11 countries have entered the Chinese pension market, covering 17 provinces, and 44 projects have been built. 12 of these foreign companies are from the United States, 11 from Japan, 11 from 11 from Japan. Europe, one from South Korea and one from Singapore; Among them, US companies and Japanese companies have become large troops entering the Chinese pension market, accounting for more than 50%. In China's pension market, the three -legged situation in the United States, Japan, and Europe has formed. The demand for pension services is rapidly growing This has entered an aging society since 2000. The elderly population accounts for continuous increase in the total population ratio, and aging development has gradually accelerated. According to data from the National Health and Health Commission, with the development of the economy and society, more and more elderly people pay attention to daily health care, and the average life expectancy of people is extended. In 2019, the per capita life expectancy of residents in my country increased by 77.3 years. The number of elderly population in my country has continued to increase. In 2020, the population over 65 years old is about 177 million, accounting for 12.64%of the national population, which has exceeded the standard of 7%of international aging countries; 100 million, accounting for 18.87%of the national population. Ip, the increase in consumption capacity of the elderly has increased the demand for pension services. In 2020, the per capita consumption expenditure of elderly people in urban and rural areas is about 1,6307 yuan. Obviously rising. As the aging trend continues to accelerate, the Chinese maintenance market has maintained high growth. In 2018, the scale of China's pension market has exceeded 655 trillion. Due to the gradual expansion of middle -class pension awareness, the demand for pension services will be further improved. The huge aging society brings a broad market prospect to the pension market. It is expected that the size of the pension market in 2022 may exceed 10 trillion. For more data, please refer to the "Analysis Report on the Prospects of China's Pension Industry Development and Investment Strategic Plan" released by the Foresight Industry Research Institute.
According to data from the National Bureau of Statistics of China, in 2018, there were 250 million elderly people in China 60 and over, accounting for 17.9%of the total population. The World Health Organization predicts that by 2050, China may have a population of more than 60 years, becoming one of the most aging countries in the world, and the pension industry has a huge potential. Apdsidies in China's pension industry market year by year, Ai Media Consultation data shows that the size of China's pension industry market in 2018 reached 6.57 trillion yuan, and it is expected to reach 1029 trillion yuan in 2022.
According to the report of the China Pension Industry Planning of the National Office, the total output value of my country's pension service industry will exceed the 10 trillion yuan mark by 2030. , this is also a difficult business. The industry lacks standards, lack of service accumulation, and frequent personnel flow, and it is difficult to make money in this industry. "The things that are difficult to do in the world are easy to achieve", and the difficulty of pension is exactly the opportunity. Since it is the fate that everyone cannot avoid, then pension must be a market that is just needed. Because of this, when the city companies in Vanke are looking for a new transformation model, Liu Xiao, the youngest vice president of Vanke Group, chose a field of old age to the pension industry. Liu Xiao believes that "the high net worth wealth people in the 50s of China have not yet entered the stage of pension, so the current pension market is only in the bronze era." He determined that 20 years later, China will definitely give birth to a family. Pension enterprises with a trillion market value.
(the above answers were published in 2016-12-05, please refer to the current relevant housing purchase policy) Orer real estate information, policy interpretation, expert interpretation, click to view to view
With the improvement of people's living standards and the changes in consumer demand for elderly groups, the elderly market is getting bigger and bigger, but the pension market has a shortage of supply. The current pension model structure is still different from the "9073" model structure proposed by the State Council. The number and quality of institutions are yet to be developed. Insufficient supply has made a large number of foreign companies enter the Chinese pension service market.
In demand, my country's per capita expectations of improved life expectancy, accelerated aging development, rising consumption capacity of the elderly promotes the rapid growth of pension services, and huge pension demand will bring a broad market prospect to the pension market. It is expected The market size may exceed 10 trillion.
Cuvenile supply in the elderly market
In the definition of the "Classification Classification Classification (2020)" promulgated by the National Bureau of Statistics in February 2020, the pension industry is to ensure and improve the life, health, safety, and participation of the elderly Social development, the purpose of achieving the old, old -fashioned, old -fashioned, old, old, old and happy, old and old, etc. The collection of production activities, including providing products specifically providing products for pension or elderly people, as well as pension supplies and related product manufacturing activities suitable for the elderly.
Ap with the improvement of people's living standards, the changes in consumer demand for elderly groups, the elderly market is getting bigger and bigger, but the supply of enterprises cannot meet market demand. The pension model implemented by my country is mainly the "9073" model, that is, 90%of the elderly take care of themselves by the family, 7%enjoy the community home care service, and 3%enjoy institutional pension services.
The pension model structure in my country is 96%of home pensions, 3%of community pensions, 1%of institutional pensions, and there is still a gap between the "9073" model structure proposed by the State Council.
2016-2020, although the number of nationwide pension service agencies increased from 28,000 to 38,000, there is still room for rise compared to the huge market demand. In addition, the current polarization of the pension market is that one is that high -end pension real estate projects do not meet the needs of most people. The other end is that most of the current pension institutions are inconvenient, the quality of service is not high, and it does not meet the needs of mid -range pension institutions.
Therefore, in the face of changes in consumption upgrades and the transformation of health needs, it is necessary to diversify, professional, and targeted market development.
The supply of pension markets in my country is insufficient. The broad prospects of China's pension service market attract a large number of foreign companies to enter the Chinese pension service market. According to statistics, as of the end of 2020, 40 companies from at least 11 countries have entered the Chinese pension market, covering 17 provinces, and 44 projects have been built. 12 of these foreign companies are from the United States, 11 from Japan, 11 from 11 from Japan. Europe, one from South Korea and one from Singapore; Among them, US companies and Japanese companies have become large troops entering the Chinese pension market, accounting for more than 50%. In China's pension market, the three -legged situation in the United States, Japan, and Europe has formed.
The demand for pension services is rapidly growing
This has entered an aging society since 2000. The elderly population accounts for continuous increase in the total population ratio, and aging development has gradually accelerated. According to data from the National Health and Health Commission, with the development of the economy and society, more and more elderly people pay attention to daily health care, and the average life expectancy of people is extended. In 2019, the per capita life expectancy of residents in my country increased by 77.3 years.
The number of elderly population in my country has continued to increase. In 2020, the population over 65 years old is about 177 million, accounting for 12.64%of the national population, which has exceeded the standard of 7%of international aging countries; 100 million, accounting for 18.87%of the national population.
Ip, the increase in consumption capacity of the elderly has increased the demand for pension services. In 2020, the per capita consumption expenditure of elderly people in urban and rural areas is about 1,6307 yuan. Obviously rising.
As the aging trend continues to accelerate, the Chinese maintenance market has maintained high growth. In 2018, the scale of China's pension market has exceeded 655 trillion. Due to the gradual expansion of middle -class pension awareness, the demand for pension services will be further improved. The huge aging society brings a broad market prospect to the pension market. It is expected that the size of the pension market in 2022 may exceed 10 trillion.
For more data, please refer to the "Analysis Report on the Prospects of China's Pension Industry Development and Investment Strategic Plan" released by the Foresight Industry Research Institute.
According to data from the National Bureau of Statistics of China, in 2018, there were 250 million elderly people in China 60 and over, accounting for 17.9%of the total population. The World Health Organization predicts that by 2050, China may have a population of more than 60 years, becoming one of the most aging countries in the world, and the pension industry has a huge potential.
Apdsidies in China's pension industry market year by year, Ai Media Consultation data shows that the size of China's pension industry market in 2018 reached 6.57 trillion yuan, and it is expected to reach 1029 trillion yuan in 2022.
According to the report of the China Pension Industry Planning of the National Office, the total output value of my country's pension service industry will exceed the 10 trillion yuan mark by 2030.
, this is also a difficult business. The industry lacks standards, lack of service accumulation, and frequent personnel flow, and it is difficult to make money in this industry.
"The things that are difficult to do in the world are easy to achieve", and the difficulty of pension is exactly the opportunity. Since it is the fate that everyone cannot avoid, then pension must be a market that is just needed. Because of this, when the city companies in Vanke are looking for a new transformation model, Liu Xiao, the youngest vice president of Vanke Group, chose a field of old age to the pension industry.
Liu Xiao believes that "the high net worth wealth people in the 50s of China have not yet entered the stage of pension, so the current pension market is only in the bronze era." He determined that 20 years later, China will definitely give birth to a family. Pension enterprises with a trillion market value.
(the above answers were published in 2016-12-05, please refer to the current relevant housing purchase policy)
Orer real estate information, policy interpretation, expert interpretation, click to view to view