China's population shrinking on reasonable assumptions
2022年7月26日 · China's population is on track to decline for the first time since the great famine of 1959-1961; The country’s total fertility rate decreased from 2.6 in the late 1980s – well above the 2.1 needed to replace deaths – to just 1.15 in 2021. Researchers predict China's elderly population will overtake its working-age population around 2080.
Birthrates are declining globally – here's why it matters
2021年6月15日 · A decline in fertility is just one way the pandemic is suppressing population growth in many developed nations. The other: closed borders. In 2020, Australia recorded its first population decline since World War I, due to stricter COVID-related border controls. Canada granted permanent-resident status to 180,000 applicants in 2020, far short of ...
China’s working-age population will fall 23% by 2050
2016年7月25日 · The age-dependency ratio measures the ratio of dependents – those younger than 15 or older than 64 – to the working-age population. Globally, the percentage of the population that is of working age has been in decline since the mid-1960s, as this chart from the World Bank shows. In China, it has already dropped from over 80% in 1966 to 37% ...
Chinese companies need to prepare for a shrinking talent pool
2019年6月25日 · In addition to the effects of China’s decades-long low birth rate, due to the one-child policy, the number of people entering retirement will swell. By 2027, an estimated 324 million people in China will be over the age of 60, or 22% of the population, according to the World Economic Forum's report, 'Future of Consumption in Fast-Growth ...
Why Africa's population is set to triple by 2100 - The World …
2020年7月23日 · While several African countries will have lower fertility rates by 2100, the impending population growth will be due to its young population and the current high fertility rates across the region with only seven African countries—Cape Verde, Botswana, South Africa, Morocco, Algeria, Tunisia and Libya—having fertility rates lower than the global average of …
Here's how China is dealing with its rapidly ageing population
As China's 1.4 billion population declines and ages, in part because of a policy that limited couples to one child from 1980 to 2015, pressure on pension budgets is escalating. Economists say that the current pension system, which relies on a shrinking active workforce to pay the pensions of a growing number of retirees, is unsustainable and ...
China needs 11.8m workers. Here's how to close its labour gap
Structural unemployment, most prevalent in China's high-skilled sector, has a lot to do with an educational gap in the economy: China has 170 million skilled workers but, among the total employed population, only 7% are high-skilled personnel (about 48 million) deemed capable of performing complicated tasks and able to adapt quickly to ...
8 things you need to know about China’s economy
2016年6月23日 · First, China’s population peaked in 2012 and its labour force is now declining. Second, as China is catching up economically with the rest of the world and is approaching the innovation frontier, leaps in productivity can no longer stem from knowledge transfers but must increasingly be driven by domestic innovation.
China’s shifting industries reshape long-term growth model
2024年6月28日 · China’s current economic story is one of transition rather than decline. The factors that have previously driven its high growth in gross domestic product (GDP) are receding, such as real estate and high export volumes, and are increasingly being replaced with advanced technological and manufacturing strategies and techniques.
What fast-ageing countries such as China tell us about our …
2019年10月1日 · An era not just of an ageing population but of population decline, and the alarming policy challenges that will result, lies ahead. The former governor of the Bank of Japan, Masaaki Shirakawa, wrote recently about the fact that Japanese officials had long misdiagnosed the country’s persistent deflation as having primarily economic rather than ...