Abstract: As China’s population continues to age, the lag in the development of rural pension finance has become increasingly apparent. This paper analyzes the current state of rural pension finance in China across three major areas: pension finance, elderly care service finance, and elderly care industry finance. Currently, China's pension finance policy framework is being continuously improved and its coverage expanded; product innovation and service upgrades in the elderly care service finance sector are progressing steadily; and elderly care industry finance is developing rapidly under policy drivers. However, China's current elderly care financial system faces challenges such as uneven development in pension finance, low suitability of financial products for elderly care services, an underdeveloped financial ecosystem for the elderly care industry, and insufficient awareness of elderly care finance among rural residents. To address these issues, relevant authorities must further refine the policy framework for rural pension finance, optimize diverse financial products for elderly care services, promote the development of financial services for the elderly care industry, and strengthen financial education. Through institutional improvements and multi-stakeholder collaboration, these efforts will help overcome the bottlenecks hindering the development of rural elderly care finance.
