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Challenges Arise in an Aging Society
Oriental Outlook Issue No. 11， 2018
Twenty years have passed since China officially declared entering an aging society in 1999. Figuring out how to meet people’s demands for senior care is a key issue that China needs to resolve in the course of building socialism with Chinese characteristics in the new era.
Alongside with economic and social development， family structures continue to change， seeing sub-replacement fertility， and an increase in empty nests and nuclear families. These have challenged the traditional Chinese idea of raising children to support the parents. Today， the biggest concern for Chinese seniors is who will take care of them and where they will spend the rest of their lives.
In light of the large population of the elderly， domestic conditions and cultural tradition， the Chinese government has devised a family-based senior nursing system that involves the efforts of community service centers， social organizations， and hospitals.
The government’s support has raised the enthusiasm of private and foreign enterprises， which see China as a market with great potential. A new surge of investment is expected to boost the development of the Chinese senior care industry. Challenges exist， of course， but a better future is also foreseeable.
China Seeks New Driving Force for Reform
Insight China Issue No. 9， 2018
Recently， a museum on reform and openingup was opened in Shekou， Shenzhen City. Forty years ago， Shenzhen was just a small seaside village designated as a pilot zone for the reform and openingup. Since then， the city has been considered the front line of reform and openingup and witnessed the fast development of the country.
The year 2018 marks the 40th anniversary of China’s reform and opening-up. How will China further implement and adjust the course of reform？ Government reform undoubtedly is on the top of the list in the new round of reform， but still remains a real challenge. Government reform plays a key role of leading the overall reform， if it succeeds， economic， social， and political system reforms will also be facilitated.
The horn has been blown， kicking off the second round of reform centered on the Party and state institutions， which is crucial and plays a leading role for future reforms.
Preventing and Resolving Financial Risks
Minsheng Weekly Issue No. 6， 2018
If the economy is like a human body， finance is like the blood that ensures the operation of the entire system. The report delivered at the 19th CPC National Congress last October stressed that efforts should be made to deepen institutional reform in the financial sector and make it better serve the real economy， and meanwhile improve the financial regulatory system to forestall systemic financial risks.
Oriental Outlook Issue No. 11， 2018
Twenty years have passed since China officially declared entering an aging society in 1999. Figuring out how to meet people’s demands for senior care is a key issue that China needs to resolve in the course of building socialism with Chinese characteristics in the new era.
Alongside with economic and social development， family structures continue to change， seeing sub-replacement fertility， and an increase in empty nests and nuclear families. These have challenged the traditional Chinese idea of raising children to support the parents. Today， the biggest concern for Chinese seniors is who will take care of them and where they will spend the rest of their lives.
In light of the large population of the elderly， domestic conditions and cultural tradition， the Chinese government has devised a family-based senior nursing system that involves the efforts of community service centers， social organizations， and hospitals.
The government’s support has raised the enthusiasm of private and foreign enterprises， which see China as a market with great potential. A new surge of investment is expected to boost the development of the Chinese senior care industry. Challenges exist， of course， but a better future is also foreseeable.
China Seeks New Driving Force for Reform
Insight China Issue No. 9， 2018
Recently， a museum on reform and openingup was opened in Shekou， Shenzhen City. Forty years ago， Shenzhen was just a small seaside village designated as a pilot zone for the reform and openingup. Since then， the city has been considered the front line of reform and openingup and witnessed the fast development of the country.
The year 2018 marks the 40th anniversary of China’s reform and opening-up. How will China further implement and adjust the course of reform？ Government reform undoubtedly is on the top of the list in the new round of reform， but still remains a real challenge. Government reform plays a key role of leading the overall reform， if it succeeds， economic， social， and political system reforms will also be facilitated.
The horn has been blown， kicking off the second round of reform centered on the Party and state institutions， which is crucial and plays a leading role for future reforms.
Preventing and Resolving Financial Risks
Minsheng Weekly Issue No. 6， 2018
If the economy is like a human body， finance is like the blood that ensures the operation of the entire system. The report delivered at the 19th CPC National Congress last October stressed that efforts should be made to deepen institutional reform in the financial sector and make it better serve the real economy， and meanwhile improve the financial regulatory system to forestall systemic financial risks.