中国养老金融研究院院长刘云龙：政企协同与多元金融支持是医康养发展的关键

Core Viewpoint - The forum focused on the theme "'14th Five-Year Plan' Launch: Charting the Insurance Blueprint," discussing the high-quality development paths for the insurance industry during the "14th Five-Year Plan" period [6]. Group 1: Industry Development - The forum gathered nearly a hundred representatives from the "Top 108 in Chinese Insurance," along with senior experts from financial regulation, authoritative scholars, and core executives from enterprises to discuss the future development of the insurance industry [6]. - Liu Yunlong emphasized the need for a robust medical, health, and elderly care ecosystem, highlighting three key areas: industrial ecosystem construction, government-enterprise ecosystem collaboration, and policy ecosystem development [8][9]. Group 2: Industrial Ecosystem - Liu pointed out that central enterprises, insurance companies, and small and medium-sized enterprises are the three main players in the medical and elderly care sector, with insurance companies being the backbone due to their substantial financial resources and customer base [8]. - The current distribution of elderly care methods shows that home and community care account for nearly 99%, indicating a shift from the traditional "9073" model [8]. Group 3: Government-Enterprise Collaboration - Liu stressed that understanding public needs and aligning with government requirements are crucial for insurance companies to effectively serve society [9]. - Local governments play a vital role in supporting the development of medical and elderly care, which can be facilitated through state-owned assets and government procurement services [8]. Group 4: Policy Ecosystem - Liu highlighted the importance of combining financial and fiscal policies in developing the medical and elderly care sector, citing the U.S. retirement REITs market, which reached $1.4 trillion (approximately 10 trillion RMB) in 2024 [10]. - The domestic public REITs market for infrastructure is still in its early stages, with issuance scale not exceeding 200 billion RMB, but opportunities for development are expected to emerge as policies evolve [10]. Group 5: Financial Sector Involvement - By the end of 2024, the total assets of financial institutions in China are projected to reach 496 trillion RMB, with the banking sector accounting for 445 trillion RMB and the insurance sector for 36 trillion RMB [11]. - Liu suggested that relying solely on insurance funds to drive the development of medical and elderly care is insufficient, advocating for the involvement of commercial banks through financial asset investment companies (AIC) [11].