In accordance with Xi Jinping’s instructions on establishing a longterm care system, and by means of the investigation and study of the subject "longterm care security requirements in China", ten research findings have been got: viewed from all of demographic, economic and social characteristics of the urban elderly and their families, could not meet the demands of longterm care when they will be disability. As a result, more and more the urban elderly have accepted the longterm care services and insurance for socialization. At the same time, based on the above survey results, this paper puts forward some policy suggestions related to longterm care services and financing.