Wang, W., & Li, L. (2021). Research on the Development Dilemma and Countermeasures of Public Pension Institutions: Taking Y City of Heilongjiang Province as an Example. China Collective Economy, 3, 162-164.

has been cited by the following article:

• TITLE: A Research on the Contradiction between Private and Public Pension Industries in China—Take Chongqing as an Example

  AUTHORS: Hong Hui, Haiyan Sun

  KEYWORDS: Contradiction, Private Pension, Public Pension

  JOURNAL NAME: Journal of Service Science and Management, Vol.14 No.2, April 14, 2021

  ABSTRACT: China’s aging problem is becoming more and more serious, and the healthy development of elderly care institutions has become a very critical issue. Since there are both public and private pension institutions in the Chinese market that serve the elderly at the same time, and public pension institutions enjoy government subsidies and a series of policy advantages, it is very difficult for private pension institutions to operate. Based on the further analysis of the performance of public pension institutions and private pension institutions’ operating dilemmas, this paper analyzes the mechanism behind them, and finds that the cost of land, construction, medical equipment, operating costs, labor costs. There is serious inequality in tax subsidies, which has led to the contradiction between public and private pension institutions in the pension industry.