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Study on the Welfare Portability of Cross-Border Eldercare Services in Guangdong-Hong Kong-Macao Greater Bay Area

The “Outline of the Development Planning for Guangdong-Hong Kong-Macao Greater Bay Area” issued by the State Council of China in 2019 points out cooperation between Hong Kong, Macao and the mainland in eldercare services should be promoted and cross-border eldercare services should become more convenient. Practice of promoting cross-border pension in EU, Canada and USA shows welfare portability is vital for cross-border pension decision-making. Therefore, this paper focuses on the welfare portability of existing policies on cross-border eldercare services employed by Hong Kong and Macao, and analyzes the reasons for the poor effect of cross-border pension policies. Results show the welfare non-portability of cross-border eldercare is the primary obstacle. Thus, the governments of Hong Kong, Macao and the Mainland should complementarily improve the cooperative governance mechanism, interest coordination mechanism and cooperative supervision mechanism of cross-border eldercare services, create a “network model” of regional eldercare resources and information sharing, support cross-border cooperation among social organizations and strengthen the standardized management of the eldercare service industry to promote the welfare portability.