Abstract:  Livable community built for the elderly can improve their quality of life, improve the living environment, and enhance the professional level of community service for the aged. Embedded type of elderly community is one with the biggest advantageous in internal development. It is formed with the policy intervention and mandatory construction requirements by the government in aspects such as land supply, urban planning, project construction, financing. The centralized service management model based on specialization, socialization and marketization of elderly care is implemented in the community. The construction and management mode can not only ensure the optimal economic efficiency of the whole society, but also can ensure the maximization of social utility; therefore it is the practice of social and economic benefits optimization theory.

Key words: embedded mode, livable communities for the elderly, construction, management