A NEW OPTION FOR THE ELDERLY IN HONG KONG-- CROSSBORDER ELDERLY CARE IN GUANGDONG, HONG KONG AND MACAO GREATER BAY AREA

International journal of social science and economic research Pub Date : 2023-01-01 DOI:10.46609/ijsser.2023.v08i08.003

None Zihui Dai

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Abstract

It has always been a traditional concept for Chinese people to return to their roots. In the past two years, with the continuous advancement of the Guangdong-Hong Kong-Macao Greater Bay Area Plan, returning to the mainland cities in the Bay Area to enjoy their twilight years has become a new choice for many elderly people in Hong Kong and Macao, and cross-border ageing has gradually become a new trend. At the 18th CPC National Congress, president Xi Jinping proposed that it is the common responsibility of the whole society to actively implement the national strategy on population ageing. President Xi's speech has pointed out the direction for us to promote the development of elderly care, and elderly care has been mentioned several times in the Outline of the Guangdong-Hong Kong-Macao Greater Bay Area Plan to be launched in 2019. Governments at all levels in Guangdong Province have increased financial investment while actively pursuing policy innovation, and in 2023, the Guangzhou Municipal Government for the first time made Nansha Public Nursing Home a pilot project for cross-border elderly care, actively promoting the development of cross-border elderly care in the Bay Area. Taking Hong Kong elderly people's cross-border pension as an example, this paper analyses the advantages of Hong Kong people's return to Mainland cities in the Bay Area to retire as well as the dilemma of the non-portability of social security benefits due to the barriers between the social security systems of the two places, and explores how to enhance Hong Kong people's cross-border pension benefits portability under the basic framework of "one country, two systems" that is always adhered to. This will effectively alleviate the serious shortage of social resources for the elderly in Hong Kong and Macao, and at the same time better promote the synergistic development of the medical and elderly services industries in the Bay Area.

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