Mid­dle-class mi­gra­tion may have eco­nomic im­pact

China Daily (Canada) - - NEWSCAPSULE -

An in­creas­ing num­ber of Chi­nese mid­dle-class cit­i­zens mov­ing over­seas is con­cern­ing pol­i­cy­mak­ers as they fear it could have se­ri­ous eco­nomic reper­cus­sions.

Though mi­grat­ing over­seas is not a new phe­nom­e­non in China, the num­ber of Chi­nese em­i­grants had risen to 9.34 mil­lion by the end of 2013, with the United States, Canada, Aus­tralia and New Zealand the top des­ti­na­tions, said a re­port on Chi­nese in­ter­na­tional mi­gra­tion in 2014 pub­lished by the Cen­ter for China and Glob­al­iza­tion, a Bei­jing-based think tank.

Air pol­lu­tion, food safety, bet­ter ed­u­ca­tion and em­ploy­ment prospects, and pro­tec­tion of ac­cu­mu­lated wealth are among the rea­sons for leav­ing, ex­perts said.

The re­port also said that the num­bers are a cause for con­cern due to the brain and cap­i­tal drain it in­volves.

“Most of the prospec­tive mi­grants from China are mid­dle-class people aged be­tween 35 and 55,” it said. “Their de­par­ture from China would weaken the mid­dle-class sup­port needed for China’s so­cial trans­for­ma­tion and also hin­der the fur­ther progress of re­forms and trans­for­ma­tion.”

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