By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: China's population falls for a third consecutive year
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > Business > China's population falls for a third consecutive year
Business

China's population falls for a third consecutive year

By Viral Trending Content 4 Min Read
Share
SHARE

HONG KONG (Reuters) -China’s population fell for a third consecutive year in 2024, with the number of deaths outpacing a slight increase in births, and experts cautioning that the trend will accelerate in the coming years.

The National Bureau of Statistics said the total number of people in China dropped by 1.39 million to 1.408 billion in 2024, compared to 1.409 billion in 2023.

Friday’s data reinforces concerns that the world’s second largest economy will struggle as the number of workers and consumers declines. Rising costs from elderly care and retirement benefits are also likely to create additional strains for already indebted local governments.

China’s total number of births was 9.54 million versus 9.02 million in 2023, the statistics bureau said. The birth rate rose to 6.77 births per 1,000 people in 2024 versus 6.39 per 1,000 people in 2023.

The number of deaths was 10.93 million in 2024 from 11.1 million in 2023.

China’s birth rates have been falling for decades as a result of the one-child policy China implemented from 1980 to 2015 as well as rapid urbanisation.

As in neighbouring Japan and South Korea, large numbers of Chinese people have moved from rural farms to cities, where having children is more expensive.

The high cost of childcare and education as well as job uncertainty and a slowing economy have also discouraged many young Chinese from getting married and starting a family.

Gender discrimination and traditional expectations for women to take care of the home exacerbate the issue, demographers say.

“Much of China’s population decline is rooted in entrenched structural reasons: Without fundamental structural transformations – from enhancing the social safety net to eliminating gender discrimination – the trend of population decline cannot be reversed,” said Yun Zhou, an assistant professor of sociology at the University of Michigan.

A 12.4% rise in marriages in 2023 – many delayed due to the COVID-19 pandemic – accounted for the rebound in births in 2024, demographers said, but the number is expected to fall again in 2025.

Marriages are a leading indicator for birth rates in China, where many single women cannot access child-raising benefits.

Authorities unveiled a series of measures in 2024 to boost China’s birth rate.

In December they urged colleges and universities to integrate marriage and “love education” into their curriculums to emphasise positive views on marriage, love, fertility and family.

In November, the state council, or cabinet rallied local governments to direct resources towards fixing China’s population crisis and spread respect for childbearing and marriages “at the right age”.

The number of Chinese women of reproductive age, defined by the United Nations as 15-to-49, is set to drop by more than two-thirds to under 100 million by the end of the century.

The retirement-age population, meanwhile, those aged 60 and over, is expected to increase to more than 400 million by 2035 from around 280 million people currently.

The state-run Chinese Academy of Sciences has said the pension system will run out of funds by 2035.

About 22% of China’s population, or 310.31 million people, were aged 60 or over in 2024, against 296.97 million in 2023, the data showed.

Urbanisation also gathered pace with the number of people living in cities up by 10.83 million to 943.3 million. The rural population, meanwhile, declined to 464.78 million.

You Might Also Like

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays

White House warned staff against betting on futures markets amid Iran war, official says

Only five ships crossed the Strait of Hormuz Thursday, far below Iran’s pledge as negotiations begin

TReDS tweak to ease MSME credit flow amid global pressure

1 FTSE 250 stock I like and 1 I’ll avoid after the stock market correction

TAGGED: bbc business, Business, business ideas, business insider, Business News, business plan, google my business, income, money, opportunity, small business, small business idea
Share This Article
Facebook Twitter Copy Link
Previous Article US consumer finance watchdog sued for treating digital wallets like banks
Next Article Bitcoin LTH to STH Ratio Signals Speculative Activity And Volatility – ATH Next?
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays
Business
Apple AI Pin Specs Leak: Dual Cameras, No Screen & More
Tech News
A ‘glass-like’ battlefield: German Army chief on the future of warfare
World News
Polymarket Sees Record $153M Daily Volume After Chainlink Integration
Crypto
Natasha Lyonne Then & Now: See Before & After Photos of the Actress Here
Celebrity
Cult Hit Doki Doki Literature Club Fights Removal From Google Play Store Over ‘Depiction Of Sensitive Themes’
Gaming News
Dead as Disco Launches Into Early Access on May 5th, Groovy New Gameplay Released
Gaming News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Investing £5 a day could help me build a second income of £329 a month!

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays
April 10, 2026
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?