Thursday, 24 January, 2019

China’s population set to peak at 1.44 billion in 2029: government report

China population China population unstoppalble decline decline in china population CASS China population report Indian express latest news China population to peak at 1.44 billion in 2029
Priscilla Morrison | 08 January, 2019, 03:59

The study has also warned that if the total fertility rate, which means the number of children that would be born to a woman over her lifetime, remains at 1.6, negative population growth is likely in 2027 with a potential total population of 1.17 billion, which is equivalent to the year 1990, according to media reports.

However, the population under the age of 15 has decreased by 90.17 million, with an average reduction of 2.25 million per year, said the report released Thursday by the Institute of Population and Labor Economics under the Chinese Academy of Social Sciences in Beijing.

The report came after Chinese demographers said China's three-year-old two child policy failed to make an impact on the low birth rate as the number of new-borns dropped by two million previous year and the decline was expected to continue.

With China's working population on the decline and fertility rates staying at current levels, the number of elderly people as a proportion of the general population is set to rise sharply.

Both changes combined could cause "very unfavourable social and economic consequences", the report says.

More news: Kylie Jenner's Latest Insta Piccie Is Sparking Engagement Rumours Again

Though official statistics will be announced in a few weeks, He said that births in 2018 may have dropped by as many as 2 million from the official 2017 figure of 17.23 million, which would be the second consecutive annual decrease. But despite the fact that couples can now have two children, the country's birth rate declined 3.5 percent in 2017 and is expected to have fallen again in 2018.

China's population, the world's largest, is expected to start shrinking in 2030 after reaching a peak a year earlier.

In 2016, the Chinese government relaxed its controversial "One-child Policy", which was enacted in 1979 in order to curb population growth.

Huang Wenzheng, a demographics expert, told the Global Times yesterday that he disagreed with the CASS report, saying it was too optimistic. "This won't be possible if they have several".

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