Under the new normal economy，Services will become the main body of economic growth. Elderly care service with its industrialization，which is guided by the demands of the people’s livelihood，is an important breakthrough to seek for new economic growth pole and industrial structure upgrading. In this paper，the related literature at home and abroad are reviewed，and the paper analyses necessity to promote industrialization of elderly care service under the new normal economy，as well as its economic and employment effect. Different functions of the government，the pension institutions，community，nonprofit organization，service providers，is discussed in the process of elderly care service industrialization. Then，the paper Summarizes four kinds of elderly care service industrialization mode as “Institution for the aged and Community construction guided”，“Health leisure guided”，“The government + the market”，“The policy +material+ organization + supporting”. At last，the paper put forwards further research prospect.