Analysis of Status Quo of Guangxi Elderly Care Service Model Based on Panel Data: Prospects and Challenges

Abstract

The main objective of the research is to analyze the current situation and existing problems of pension institutions in Guangxi and puts forward suggestions and countermeasures. The specific objectives of research include three parts, suggest supporting policies that financial institutions should formulate, identify what dividend policy should the government implement, discuss how to broaden the financing channels of financial institutions. The survey covers 14 cities in Guangxi province. Statistical information analysis conducted of pure elderly families, elderly population over 60 years old and elderly dependency coefficient in each city. Data collected from China Bureau of Statistics, Guangxi Bureau of Statistics, Guangxi pension website. 1ervice industry structure is more irregular, demand cannot be met. The conformity of medical services is low, and the market regulation is weak. The health care service mechanism is not perfect enough, and the requirements are difficult to achieve.