Dive into the complexities of China's demographic challenges as its population sees a second consecutive decline, coupled with workforce woes and a noticeable surge in the elderly demographic. Uncover the economic implications and societal shifts shaping China's future.
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#China #ChinaPopulation #ChinesePopulation #PopulationDeclineChina #IndianPopulation #ChinaWorkforce #PopulationSurge #PopulationReport #News #NewsToday #OneindiaNews
~HT.178~PR.274~ED.103~GR.125~CA.144~
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NewsTranscript
00:00 In a significant development, China has recorded a consecutive decline in population growth
00:08 for the second time in 2023, intensifying concerns over its deepening demographic challenges.
00:15 This trend poses potential economic burdens on the world's second-largest economy.
00:21 China's National Bureau of Statistics' latest data reveals a noteworthy decline in China's
00:27 population, with approximately 2.08 million fewer people in 2023 compared to the preceding
00:34 year.
00:35 With a current population of 1.409 billion, China retains its position as the world's
00:41 second-most populous country, following India, which surpassed China in population last year.
00:47 China's population decline is linked to record low birth rates and a surge in COVID-19-related
00:52 deaths.
00:53 In 2022, the population experienced a notable decrease of 8.5 lakh people, marking the first
01:00 decline since the Great Famine of 1961 during Mao Zedong's leadership era.
01:05 The birth rate also witnessed a historic drop, following 6.77 to 6.39 births per 1,000 people,
01:14 the lowest since the inception of the communist regime in China.
01:18 In other news, China's National Bureau of Statistics' NBS has highlighted a positive
01:24 trajectory in the country's economy, registering a slight growth of 5.2 percent, slightly exceeding
01:30 the government's projected target.
01:32 However, this growth is still characterized as the worst economic performance in the past
01:38 three decades.
01:39 Notably, there has been a decline in the country's workforce, with a reduction of 10.75 million
01:46 individuals in the 16 to 59 age group since 2022.
01:50 Conversely, the number of individuals aged 60 and above had surged by 16.93 million from
01:58 the previous year.
01:59 Concluding our report, in 2015, the Chinese government took a significant step by abandoning
02:05 its contentious one-child policy.
02:08 This decision was prompted by the dwindling strength of the workforce and the swiftly
02:13 aging population.
02:14 Stay tuned for further updates on the evolving demographics and policies shaping China's
02:19 future.
02:20 [music]