“…However, with the development of the Internet, the new pension model of smart pension has been proposed by the Life Trust of the United Kingdom. Zhu Y defines the smart health pension industry as an industry that utilizes intelligent information technology such as the Internet, the Internet of Things, and big data to enable the elderly to enjoy intelligent, informative, and modernized pension services and products [2].Liu and other scholars believe that the traditional pension industry can no longer meet the needs of society, and that the smart pension health industry is an inevitable trend of social development, combining the traditional pension industry with the Internet, big data and other modern information technology, which is more adaptable to the development of society and will subvert the traditional pension industry [3][4][5][6].Li proposes a new model that combines the use of Internet of Things, cloud computing and other technologies with the traditional pension industry [7].Jia proposes that it should be relying on the background of the construction of the smart city, to build a new big datadriven pension model [8].Tong proposed a new model combining blockchain and smart pension [9]. However, Liao and other scholars believe that China's smart old-age industry is currently characterized by insufficient supply and structural contradiction between supply and demand, which leads to the urgency of supply-side structural reform of the smart health and old-age industry and points out that China's smart old-age industry exists in the form of insufficient top-level design and weak concept of smart old-age and other problems [10][11][12].…”