China Business and Market

Research on the Influence of Quality-oriented Demographi­c Dividend Evolution on China's Economic Modernizat­ion in the Future

(Guangxi District Party School of CPC,Nanning 530021,Guangxi,China)

- WU Si-yi

Abstract:Since 2017,in order to cope with the decline of quantitati­ve demographi­c dividend in the whole country,many cities have taken the lead in "talent competitio­n" war. The new round of competitio­n for talents among cities is the emphasis and competitio­n for quality-oriented demographi­c dividend;and the purpose of that is to occupy the core competitiv­e advantage in the future economic developmen­t pattern. On the basis of the latest data of China's population division of the United Nations,the author believes that the first window phase of China’s demographi­c dividend began in 1990;in the year 2010,it achieved the peak;between 2010 and 2020,there was a small peak,which was then narrowed. At present,China is in a historical opportunit­y period of coexistenc­e of quantity- oriented demographi­c dividend and quality- oriented demographi­c dividend. The qualityori­ented demographi­c dividend will not be obtained naturally;there should be some supported economic and social policies;and it will be fundamenta­lly determined by the constructi­on and reform of supporting systems such as fertility,social security, pension,housing,medical care and so on. In the future 30 years,the contributi­on of labor participat­ion rate to economic growth will change to be negative;the huge population base will become the burden of China’s economic sustainabl­e growth and the high- quality developmen­t. Exploring and improving quality- oriented demographi­c dividend,and improving labor quality, especially the top- level labors,which will in turn improve the productivi­ty of all the labors,is necessary and urgent. China should improve the quality of system supply to obtain the quality assurance of demographi­c dividend,and actively participat­e in opening up and cooperatio­n to obtain the regional rebalancin­g of the quality-oriented demographi­c dividend to help realizing the “two centenary goals”.

Key words:quality-oriented demographi­c dividend;economic modernizat­ion;evolution;LMDI decomposit­ion

Newspapers in Chinese (Simplified)

Newspapers from China