Supply-side Reform on Old-age Services:Key Tasks and Reform Suggestions

Supply and demand imbalance of the old-age services is a real challenge to the development of the old-age service industry in China. There are two problems in the supply-side:Insufficient amount and imbalance structure. The supply-side reform should include four key tasks:promote growth, reduce vacant facilities, cut costs, and improve the weak links. Therefore, several reforms should be promoted as focus:the diversification of the supply subject, the marketization of the supply mechanism, the facilitation of the supply mode, the diversification of the supply means, the specialization of the supply content and the systematization of supply-side polices.