The UN defines “the aging society” as that the number of the people over 60 years old reaches 10% of the total population in a region. According to the current development trend, the people over 60 years old (about 450 million people) will account for more than 35.5% of the population in China in 2050, which will far exceed the boundary line defined by the UN. By 2100, the proportion of the people over 60 year old will reach 39.6% in China, and the total population will reduce to 941 million people and the aging degree will be unprecedentedly serious.

With the Smart Health Pension Industry Development Act Plan (2017 – 2020) being issued, “Smart Pension” is raised to the national strategic level.

In the plan, it points that development of the smart healthy pension industry in China shall be accelerated to basically form the smart healthy pension industry system covering the full life circle, establish more than 100 smart healthy pension application demonstration bases, cultivate more than 100 industrial leading enterprises with the demonstration and leading roles and create a batch of smart healthy pension service brands.

Combination and superposition of the information technology and pension industry have brought the huge imaginary space to smart pension. Currently, more than 90% of the old people in China have taken the home-based care, and the smart home extremely close to smart pension and information-based pension is facing a new round of “fierce point”. According to the prediction, the compound annual growth rate of China’s smart healthy pension industry in the future three years may be around 30%, and it will reach the space of RMB 5 trillion by 2020.

(Source: JJGLE.COM)