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News Link • China

Aging Population Could Trim 3% Off China GDP Growth

• arclein
For the past 20 years, China’s working age population has risen, which has helped boost productivity and incomes, as many young people left the rural areas, where they worked with basic tools, and signed up for factory work on China’s southern and eastern coast. That was the economic-plus of the one-child policy. “The share of the young was diminished and, being a developing country, the number of people over 65 years old was low as well ,” the economists write. As a result, those of working age had fewer responsibilities to care for little kids or aged parents.

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