Core Insights - The article highlights the continuous improvement of China's basic pension service system, with increasing supply capacity and enhanced cultural life for the elderly [1][2][3] Group 1: Pension Service System - By the end of 2024, nearly 1.073 billion people are participating in basic pension insurance, with 40,600 various pension institutions and facilities, and a total of 7.993 million beds available [1] - The elderly population aged 65 and above reached 220 million, accounting for 15.6% of the total population, marking a historical high in both scale and proportion [2] - The government has established a comprehensive pension service system, including material assistance, care services, and support services, with nearly 160,000 enterprises having set up enterprise annuities covering over 32 million employees [3] Group 2: Policy and Reform - The key to reform lies in improving the policy framework to address the shortcomings in pension services and enhance adaptability to aging and socio-economic development [3] - The government has issued guidelines to establish a three-tiered pension service network and has provided subsidies for elderly individuals with moderate to severe disabilities [3] Group 3: Quality Development of Pension Services - The development of high-quality pension services requires coordinated growth of home, community, and institutional care, with a focus on integrating medical and nursing services [4] - By the end of last year, there were 366,000 community pension service institutions and facilities, providing 2.915 million beds, and approximately 1.4 billion health management services for seniors aged 65 and above [4] Group 4: Social Participation and Cultural Life - The level of social participation and cultural life for the elderly is improving, with policies promoting elderly reading and access to discounted television services [5] - By the end of last year, the national elderly education public service platform had gathered 441,000 course resources, providing learning support services for 170 million instances [5] Group 5: Overall Progress - China's pension service supply capacity is continuously increasing, and the quality of services is improving, contributing to a more mature and comprehensive pension service system for millions of elderly individuals [6]