In China, the lowest rates of fertility have been recorded over the past decades – 0.53 percent per year. By the end of 2020, the population of the country reached 1.411 billion people. This is evidenced by the data on the website of the State Statistical Department of the PRC.
is the slowest population growth for more than half a century. The birth rate also decreases the fourth year in a row in 2020, when 12 million babies appeared, which means China faced a demographic crisis, which can undermine the country’s economic growth, NEW YORK Times notes. Now almost 19 percent of the country’s population – over 60 years old. This population layer has increased by 6 percent over a decade.
In early 2020, it became known that China was recorded a record fertility. The number of working-age population has decreased, to which people are from 16 to 59 years: for the year they have become less than 890 thousand people.
In April 2021, China’s Central Bank called on citizens to give birth to the United States. The regulator is confident that it is necessary to abandon the birth rate control policy from the risk to retard from the United States against the background of the aging of the population.
Otherwise, the PPC population risks to reduce 32 million people until 2050 (while in the United States will be 50 million more citizens). With this scenario, China will lose its economic advantage and lagging behind not only from the United States, but also from other Western countries due to a lack of people-bodied people, concluded in the Central Bank.