Suggestions for Innovating China's Pension Policy and Service Industry under the New Normal

As China's aging population deepens, pension issues have become a major topic of national and social development. Based on an in-depth analysis of developed countries' pension policies and diversified pension models, this paper addresses the current issues such as insufficient pension service supply and pension funding gaps in China, proposing a series of practical policy suggestions. The study draws on foreign diversified pension models and their security systems and, combined with the rapid development of China's economy, especially the tertiary industry, discusses how the government can guide pension industry policies, bridge pension funding gaps, and promote innovative development in the pension service industry. These suggestions aim to provide theoretical support and practical guidance for the reform of China's pension system, pushing China's pension undertakings to a higher level, with significant social significance and practical value.