China faces ‘unstoppable’ population decline in 2030
SHANGHAI: China’s population is set to reach a peak of 1.442 billion in 2029 and start a long period of ‘unstoppable’ decline in 2030, government scholars said in a research report published on Friday.
The world’s most populous country must now draw up policies to try to cope with a declining labour force and a rapidly ageing population, according to the summary of the latest edition of the “Green Book of Population and Labor” published by the China Academy of Social Sciences (CASS).
Growth in the working population had now stagnated, the report said, and the rising number of elderly people will have a far-reaching impact on the social and economic development in the country, especially if fertility rates remain low.
“From a theoretical point of view, the long-term population decline, especially when it is accompanied by a continously ageing population, is bound to cause very unfavourable social and economic consequences,” it said.
China’s population is expected to fall back to 1.36 billion by the middle of the century, it said, which could mean a decline in the workforce of as much as 200 million. If fertility rates remain unchanged, the population could fall to 1.17 billion by 2065, it said.
China decided in 2016 to relax a controversial ‘one-child policy’ aimed at curbing population growth and allow all couples to have two children. However, the country’s birth rate still fell 3.5 per cent in 2017 and is expected to have fallen again last year.
China’s “dependency rate” - or the proportion of non-working people, including children and the elderly, in the total population - rose for the first time in more than 30 years in 2011, and is widely predicted to increase further for at least the next few decades.
The proportion of retirees is projected to rise until 2060, the CASS report said, and while the decision to relax “one-child” rules was designed to rebalance China’s age structure, in the short term it will also lead to a greater dependency rate.
According to previous forecasts, China’s elderly population is expected to reach 400 million by the end of 2035, up from around 240 million last year. — Reuters
From a theoretical point of view, the long-term population decline, especially when it is accompanied by a continously ageing population, is bound to cause very unfavourable social and economic consequences. Report Tsai calls for international support to defend democracy
TAIPEI: Taiwan President Tsai Ing-wen called on Saturday for international support to defend the self-ruled island’s democracy and way of life.
Tsai’s comments came days after Chinese President Xi Jinping said nobody could change the fact that Taiwan was part of China, and that people on both sides of the Taiwan Strait should seek ‘reunification’.
“We hope that the international community takes it seriously and can voice support and help us,” Tsai told reporters, referring to threats by China to use force to bring Taiwan under its control.
If the international community did not support a democratic country that was under threat, “we might have to ask which country might be next,?” Tsai added.
She also urged China to have a “correct understanding” of what Taiwanese think and said actions such as political bullying were unhelpful in cross-strait relations. – Reuters