China's going to have to figure out how to care for 400 million elderly people by 2040 | Business Insider

"China became an aging society in 1999. It will become an aged society by 2026, and a super-aged society by 2047," Sabrina Luk, an assistant professor of public policy and global affairs at the Nanyang Technological University of Singapore, told Insider.

It's when these seniors need help with chronic illnesses, disabilities, or dementia that care becomes complicated, and they may have to be admitted to nursing homes, Luk said.across 15 cities such as Shanghai, Guangzhou, and Chengdu since 2016. However, there still aren't enough facilities covered by this plan, and care standards are inconsistent among those currently available, said Luk.

Access to good senior care is likely to vary greatly across the country, with large gaps between the wealthiest and poorest provinces, David Goodman, the director of the China Studies Center in the University of Sydney, told Insider.

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