Research on Impact of Aging Population on the Economy in Sichuan and Its Countermeasures

In face of the background of aging population around the world, this article, rooted in Sichuan province, analyzes main characteristics of the province including large population base, rapid growth, growing older before making rich, imbalance between urban and rural development as well as few children, discusses the impact of aging population on the economic development with countermeasures proposed, and the author makes innovative suggestions that an individual separate account be set up for the pension insurance fund, according to the insured's ability to take risks, the premium will be used for investment at a high, medium and low risk, which will be managed by the authorized fund companies, and it can be used as references for the actual operation to some degree.