The overlapping generation models the western scholars have designed from various perspectives to address different kinds of issues do not reflect Chinese emerging political and economic problems, and cannot be entirely and blindly applied to Chinese practical situation. In this paper the authors endeavor to incorporate some western scholars’ research results into their own research findings to present overlapping generations model theory in a new perspective through establishing an overlapping generations theory on population including articulation of concepts and theorems of biological generation, economic generation and social generation and the overlapping periods in biological generation and two overlapping periods in economic generation among three generations. This management model with equilibrium distribution of resource wealth includes overlapping generations length model (6), equilibrium transfer model (θ) and a complete model on equilibrium distribution among generations (δ-θ). The model p The overlapping generation models the designed scholars from designed perspectives to address different kinds of issues do not reflect Chinese emerging political and economic problems, and can not be entirely and blindly applied to Chinese practical situation. In this paper the authors endeavor to incorporate some western scholars’ research results into their own research findings to present overlapping generations model theory in a new perspective through establishing an overlapping generations theory on population including articulation of concepts and theorems of biological generation, economic generation and social generation and the overlapping periods in biological generation and two overlapping periods in economic generation among three generations. This management model with equilibrium distribution of resource wealth includes overlapping generations length model (6), equilibrium transfer model (θ) and a complete model on equilibrium distribution among generations δ-θ). The model p