Chinese political advisors are proposing the country complete its social security network and make it accessible to all elderly people, who are threatened by the global financial turmoil.

The proposal, by the Central Committee of the China Democratic League, says the country's economic development has been seriously affected by the financial crisis, which has in turn had a negative impact on the country's aging population.

The proposal will be submitted to the Second Session of the 11th National Committee of the Chinese People's Political Consultative Conference, which starts in Beijing today.

By the end of last year China had 160 million people aged 60 years and over, accounting for 12 percent of the population.

The increasing greying of the population has increased the burden on the social security system in China, where pensions are still low and rest homes are under-funded.

The country should encourage more social communities to provide service for senior citizens and seek a new way to develop the service industry for the elderly, which means a major channel for increasing employment, the proposal says.

It also suggests a community-backed family aged-care network, with involvement of community volunteers.

Traditionally, old people are looked after at home by their children, but this is becoming less possible as economic development has increased mobility of people and the single-child generation are usually occupied with work.

Some children are left looking after two parents and four grandparents.

(Xinhua News Agency March 3, 2009)