China’s Births Fall to Lowest Level Since 1950s, Population to Peak Before 2025

Описание: China’s births fell to their lowest in almost six decades amid the coronavirus pandemic last year, putting the country’s population on course to peak within the next five years and adding pressure on Beijing to step up reforms to maintain economic growth as the workforce shrinks.

There were 1.412 billion people in China last year, according to the results of a once-a-decade census, up 5.38% from a decade before, but slightly below previous official projections. The annual average population growth of 0.53% in the past decade was the slowest since the 1950s.

China’s population has become much more urbanized and educated over the past decade, trends which should allow the world’s second-largest economy to continue expanding even after its population peaks. In order to remain an engine of world growth, China will require a large increase in spending on pensions and health care and more investment in education and infrastructure to boost productivity.

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