China’s demographic shift is worrying policymakers but in the short term, the labor force remains sufficient and business opportunities are emerging in new subsectors.
China is the world’s most populous country, but its population growth has been slowing down in recent years. In 2022, China’s population declined for the first time in 60 years, which could mark the start of a long-term decline – thereby affecting the country’s economy and business environment. Among others, the long-term economic impact of an aging population and a declining workforce are key concerns.
In this article, we will examine the extent of China’s population decline, the potential economic consequences of this demographic shift, and how businesses can cope with relevant challenges.
How much has China’s population declined?
China’s population has declined for the first time in six decades. In…
