Working age population to fall
Print Edition
CHINA’S working age population would fall more than 23 percent to around 700 million by the year 2050, according to data released yesterday.
The working age population, those aged 16 to 59, has been on decline since 2012, and it is expected to reach 830 million in 2030, said Li Zhong, spokesperson of the Ministry of Human Resources and Social Security.
The figure will see a “sharp decline” after 2030, shrinking 7.6 million each year on average, Li said.
China’s working age population dropped by 4.87 million to 910.96 million in 2015, up from the previous year’s drop of 3.71 million, according to the National Bureau of Statistics.
Amid growing pressure from an aging population and a decrease of people of working age, China abandoned its decades-long one child policy in 2015, allowing all couples to have a second child.
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