Aging Population in China

Aging Population in China: Overview

In addition to the apparent impacts on the workforce, the one most concerned are the impact this will have on the Chinese pension system. It is estimated that the Chinese workforce, which is one of the strengths used to build the Chinese economy between 2012 and 2030, will collapse, with consequences on public services, insurance, the national health system and consumption. By 2030, When the Chinese population reaches its highest peak numerical peak, more than a quarter of the Chinese population will be sixty or more. In 2010, this percentage was 10%. It’s easy to see how a double-digit growth of this value can only seriously damage the state apparatus and Chinese society.

The number of children between 0 and 14 will decrease by 17% over the same period. 36% of the population in 2030 will be between 45 and 59, in 2010, the same group of people accounted for 20% of the population. Impressive above all, the collapse of the population between 15 and 44 years, which will collapse by more than 50%. A year ago, the Chinese authorities had tried to curb the dramatic aging of the population by finally abolishing the controversial policy of the single son, Had disastrous effects (like this one) on Chinese society.

Births in China for 2016 reached 17.86 million, the highest since 2000, and increased by almost 2 million compared to 2015. But these values are still too low, considering that in June the Ministry of Health Public and family planning had expected to expect an increase of 4 million births per year from here to 2020, apparently contradicted. China will, therefore, continue the path of the dual son to promote the balance of the population. The Chinese population will reach its numerical peak in 2030, after which it will begin to decline gradually. According to the government’s plan, the target is to reach 1.42 billion inhabitants in 2020, 1.45 billion in 2030. The plan also envisages the strengthening of urban areas, with the displacement of another 13 million inhabitants from Rural areas to cities between 2016 and 2020.

See also Marketing to China

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