China faces the need for major reforms in healthcare capacity, coverage, affordability and access for rural populations, migrant workers, and an increasingly aging population.
There is a need for more diversity in housing types, increased public infrastructure, and innovative social welfare programs for the rapidly growing aged population, who may no longer be able to depend on children or government pensions for financial support.
The Chinese senior pension strategy heavily emphasizes home-based care followed by community care and facility care. The senior housing market has begun to increase rapidly, although it is not clear what proportion will be public versus private development. Lack of public investment is a challenge for construction, but how private capital enters the senior industry is uncertain.