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Why the Average Age of China is Increasing
China's birth rates have been declining for decades. The Chinese government's one-child policy, implemented in 1979, and later relaxed to a two-child policy in 2016, had a significant impact on reducing the number of births. Despite the policy changes, many couples continued to have fewer children due to various socio-economic factors. The Lancet's article, "Population Aging in China: Crisis or Opportunity" states, "China's fertility rate has fallen continuously in the past four decades, despite the introduction of pro-natalist two-child and three-child policies."Â
Political, Social, and Economic Impacts of an Aging Population in China
A few social impacts include increased health care demands, changes in family dynamics, loneliness and isolation, and inter-generational relationships. Some political impacts include pension and social welfare challenges, labor force issues, healthcare policies, and policies on family planning. Some economic impacts include reduced economic growth, increases healthcare costs, pension and retirement challenges, and an impact on hosuing and real estate.
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