Study On The Fiscal And Taxation Policies Of China's Pension Services

In the context of increasing aging population trend in China,the elderly for the growing demand for pension services is increasing.By the impact of historical and traditional thinking of our country,our pension services has always been dominated by the family.Since the implementation of the family planning policy in our country,the number of family population has been decreasing and it is difficult to bear the increasing burden of old-age pension.At the same time,the financial burden of the government is increasing,and it is difficult to provide the old-age function to meet the actual needs of society.The contradiction between the supply and demand of the pension service industry is increasing.The demand for old age services is diversified and standardized,and the existing pension services are largely unable to meet the needs of diversified pension.The pension service industry has obvious public service nature and is related to the vital interests of the masses.It is an important area for the state to improve the social security mechanism.Its nonprofit and public welfare determines that it can not be provided by the government alone or by the market.Therefore,the pension service industry should introduce multiple participants,at the same time,clear functions and roles of the participants in the pension service industry.As a policy maker and supervisor,the government should play its support and guidance function,improve the relevant industrial policy,and encourage the participation of multiple subjects to create a favorable external environment.However,there are some problems such as the lack of financial investment,unreasonable subsidy structure,insufficient subsidy supervision mechanism,the lack of standardized process of government purchase and insufficient tax incentives.These problems lead to the fact that multiple participants can't play the role in the pension services.Therefore,in order to solve the existing problems,it is urgent to perfect the relevant fiscal and taxation policies.This paper analyzes the mechanism in the theory and displays the present situation of the development of the pension services,taking the relevant data as the support and combining with the specific case analysis,then sums up the achievements and theproblems.First of all,this paper focuses on problems of the existing fiscal and taxation policies.Secondly,this paper sums up the experience we can learn from abroad.Finally,this paper provides rationalized fiscal and taxation policy suggestions for the better development of China's pension service industry.