Comparison of Elderly Care Models between China and the United States and the Development Path of China's Silver Economy

Yaying Su

doi:10.62051/ijsspa.v10n4.07

Authors

Yaying Su

DOI:

https://doi.org/10.62051/ijsspa.v10n4.07

Keywords:

Elderly Care Model, Silver Economy, Comparative Study between China and the United States, Institutional Logic, Hainan Free Trade Port, Integration of Medical Care and Elderly Care, Industrialization

Abstract

This paper discusses the inherent differences in the elderly care systems for older adults in China and the United States, based on how each country structures its pension system, cultural values, and service models. It points out that the existing elderly care mode in China has problems including the unbalanced development of a multi-level security system and an uneven allocation of resources between different areas and between urban and rural regions. To promote high-quality development of the Silver Economy in China, it is imperative to exert more effort at the level of system design, industrial extension, technology innovation, and active measures in the coming stage. In particular, drawing on cases such as the Hainan Free Trade Port, this article further explores the possibility that policy innovation and industrial integration may provide a new pattern for the high-quality and international development of the local elder care industry.

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