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Open Access 2023 | Open Access | Book

The Era of Longevity

Transformation of Aging, Health and Wealth

Author: Dongsheng Chen

Publisher: Springer Nature Singapore

Part of: Springer Professional "Wirtschaft+Technik" , Springer Professional "Wirtschaft"

Table of Contents

About this book

This is an open access book under CC BY-NC-ND.This open access book is a comprehensive solution proposed by Dr. Chen Dongsheng for the issues of medical care, pension, and fund raising in the era of longevity. This book studies the relationship among aging population, economic development, and business model innovation. It integrates multi-disciplinary, multi-industry, and multi-professional research and thinking to focus on how to meet the challenge of aging population from business perspective. The author analyzes the keys and experience for Taikang to get successful in this area. The arrival of the "Era of Longevity" not only creates new business opportunities, but also changes the economy, governance, and cultural ecology of the society. It is of interest to the readers in business and policy-making.

Frontmatter

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Chapter 1. Longevity Era and Centenary Life

Abstract

In the past 30 years, I have visited many countries and regions in the world and noticed that there are huge differences in the age structure of the population and its evolution process between different places. What impresses me most is a presentation I saw about demographic change during my visit to Helios, Germany’s largest private medical care group, in 2016.

Dongsheng Chen

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Chapter 2. The Era of Health: A Healthier Longevity

Abstract

I used to have this impression that very few people could live to their seventies and that people in their fifties and sixties have already entered the twilight of their lives. It was hard for me to imagine what a person would look like when he or she is over one hundred years old. In 2010, I led the Board of Directors of Taikang Life Insurance to visit an elderly community in the United States, and it was the first time I met a centenarian in my life.

Dongsheng Chen

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Chapter 3. The Era of Wealth, A Life of Wealth

Abstract

As elaborated in previous chapters, it is almost certain that there will be more centenarians and that people will have to live a long life with diseases for a long time in the Era of Longevity. A healthy and quality longevity depends on wealth, including financial assets and property that could generate consistent income.

Dongsheng Chen

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Chapter 4. The Trailblazer in the Era of Longevity—Japan

Abstract

The previous chapters present a panorama of the era of longevity, health and wealth. In this chapter, we turn our eye to the real world and seek a sample for observation and analysis. Japan, globally speaking, is the first country to enter the era of longevity. If the threshold of the longevity era is when the population aged 65 and over takes up 25% of the society, Japan has met the standard as early as 2014, and the proportion even increased to an astonishing 28.7% in 2020, ranking top in the world.

Dongsheng Chen

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Chapter 5. Longevity Economy, Boundless like the Sea and the Sky

Abstract

There is an influential resident at Taikang’s retirement community called Taikang Community Yanyuan Garden in Changping district of Beijing, professor Qian Liqun of Peking University. Coincidentally, the campus of Peking University is also called Yanyuan Garden. Professor Qian moved into the community in July 2015 and found his “Peach Blossom Land”. In the five years after that, he concentrated on writing and finished three academic works, two essays and one photography collection.

Dongsheng Chen

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Chapter 6. Case Study: The Road to Corporate Innovation in the Era of Longevity

Abstract

Taikang’s decision to enter the elderly care industry stems from its years of insights into China’s demographic change and social development trends. When China is rapidly stepping onto the track of aging and ushering in the era of longevity, intuition tells me that Taikang, as a life insurance company, should make a difference and take the lead in this era.

Dongsheng Chen

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Chapter 7. Building a Harmonious Longevity Society

Abstract

In this book, I regard the Era of Longevity as a “New Normal” that human beings are about to enter, which will press the start button of the Era of Health and the Era of Wealth. The growing needs for health and wealth generated by a prolonged life expectancy will endow the Big Health Industry and wealth management industry with great development opportunities. At the same time, the Era of Longevity and the era of data overlap with each other, and the reformed production factors will bring new ways of organizing production and boosting the development of the longevity economy.

Dongsheng Chen

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Backmatter

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Title: The Era of Longevity
Author: Dongsheng Chen
Publisher: Springer Nature Singapore
Electronic ISBN: 978-981-19-6784-9
Print ISBN: 978-981-19-6783-2
DOI: https://doi.org/10.1007/978-981-19-6784-9