The China Mail - China's population shrinks for first time in over 60 years

USD -
AED 3.673104
AFN 64.000368
ALL 80.950403
AMD 369.010403
ANG 1.789884
AOA 918.000367
ARS 1398.655759
AUD 1.37874
AWG 1.8025
AZN 1.70397
BAM 1.662466
BBD 2.013854
BDT 122.689218
BGN 1.668102
BHD 0.377404
BIF 2975
BMD 1
BND 1.267973
BOB 6.9098
BRL 4.915095
BSD 0.999873
BTN 94.420977
BWP 13.425192
BYN 2.825886
BYR 19600
BZD 2.010964
CAD 1.36705
CDF 2265.000362
CHF 0.776955
CLF 0.022646
CLP 891.290396
CNY 6.80075
CNH 6.796265
COP 3750.48
CRC 459.648974
CUC 1
CUP 26.5
CVE 94.050394
CZK 20.636704
DJF 177.720393
DKK 6.340404
DOP 59.350393
DZD 132.260393
EGP 52.744691
ERN 15
ETB 157.303874
EUR 0.84804
FJD 2.18304
FKP 0.734821
GBP 0.73346
GEL 2.67504
GGP 0.734821
GHS 11.29039
GIP 0.734821
GMD 73.503851
GNF 8780.000355
GTQ 7.634866
GYD 209.223551
HKD 7.83175
HNL 26.620388
HRK 6.393304
HTG 130.919848
HUF 300.190388
IDR 17377.45
ILS 2.901304
IMP 0.734821
INR 94.425504
IQD 1310
IRR 1311500.000352
ISK 122.010386
JEP 0.734821
JMD 157.601928
JOD 0.70904
JPY 156.66204
KES 129.180385
KGS 87.420504
KHR 4010.00035
KMF 418.00035
KPW 899.950939
KRW 1461.920383
KWD 0.30766
KYD 0.833358
KZT 462.122307
LAK 21955.000349
LBP 89550.000349
LKR 321.915771
LRD 183.503772
LSL 16.390381
LTL 2.95274
LVL 0.60489
LYD 6.325039
MAD 9.12038
MDL 17.099822
MGA 4165.000347
MKD 52.252978
MMK 2099.606786
MNT 3578.902576
MOP 8.06268
MRU 39.945039
MUR 46.820378
MVR 15.403739
MWK 1742.000345
MXN 17.177604
MYR 3.921039
MZN 63.910377
NAD 16.390377
NGN 1365.000344
NIO 36.715039
NOK 9.209304
NPR 151.087386
NZD 1.675884
OMR 0.384942
PAB 0.999962
PEN 3.434504
PGK 4.350375
PHP 60.515038
PKR 278.650374
PLN 3.59545
PYG 6107.687731
QAR 3.640374
RON 4.426304
RSD 99.473038
RUB 74.240007
RWF 1460.5
SAR 3.782036
SBD 8.019432
SCR 13.958442
SDG 600.503676
SEK 9.215704
SGD 1.267304
SHP 0.746601
SLE 24.650371
SLL 20969.496166
SOS 571.503662
SRD 37.399038
STD 20697.981008
STN 21.15
SVC 8.749309
SYP 110.543945
SZL 16.370369
THB 32.203038
TJS 9.329718
TMT 3.5
TND 2.866038
TOP 2.40776
TRY 45.349038
TTD 6.776593
TWD 31.316038
TZS 2598.394038
UAH 43.92104
UGX 3746.547108
UYU 39.879308
UZS 12135.000334
VES 499.23597
VND 26308
VUV 118.026144
WST 2.704092
XAF 557.575577
XAG 0.012439
XAU 0.000212
XCD 2.70255
XCG 1.802048
XDR 0.695511
XOF 557.503593
XPF 101.625037
YER 238.625037
ZAR 16.380704
ZMK 9001.203584
ZMW 19.037864
ZWL 321.999592
  • RBGPF

    0.0000

    63.18

    0%

  • JRI

    0.0000

    13.15

    0%

  • CMSD

    0.1140

    23.534

    +0.48%

  • BCC

    -2.0900

    70.67

    -2.96%

  • RIO

    2.2700

    105.38

    +2.15%

  • RYCEF

    -1.0800

    16.37

    -6.6%

  • RELX

    0.0759

    33.58

    +0.23%

  • CMSC

    0.1400

    23.11

    +0.61%

  • VOD

    0.5100

    16.2

    +3.15%

  • BCE

    -0.4300

    24.14

    -1.78%

  • GSK

    -0.0900

    50.41

    -0.18%

  • NGG

    0.9800

    86.89

    +1.13%

  • BTI

    0.2000

    58.28

    +0.34%

  • AZN

    0.3300

    182.85

    +0.18%

  • BP

    -0.4700

    43.34

    -1.08%

China's population shrinks for first time in over 60 years
China's population shrinks for first time in over 60 years / Photo: © AFP

China's population shrinks for first time in over 60 years

China's population shrank last year for the first time in more than six decades, official data showed Tuesday, as the world's most populous country faces a looming demographic crisis.

Text size:

The nation of 1.4 billion has seen birth rates plunge to record lows as its workforce ages, in a rapid decline that analysts warn could stymie economic growth and pile pressure on strained public coffers.

The mainland Chinese population stood at around 1,411,750,000 at the end of 2022, Beijing's National Bureau of Statistics (NBS) reported, a decrease of 850,000 from the end of the previous year.

The number of births was 9.56 million, the NBS said, while the number of deaths stood at 10.41 million.

The last time China's population declined was in the early 1960s, as the country battled the worst famine in its modern history, a result of the disastrous Mao Zedong agricultural policy known as the Great Leap Forward.

China ended its strict one-child policy -- imposed in the 1980s owing to fears of overpopulation -- in 2016 and began allowing couples to have three children in 2021.

But that has failed to reverse the demographic decline for a country that has long relied on its vast workforce as a driver of economic growth.

"The population will likely trend down from here in coming years," Zhiwei Zhang of Pinpoint Asset Management said.

"China cannot rely on the demographic dividend as a structural driver for economic growth," he added.

"Economic growth will have to depend more on productivity growth, which is driven by government policies."

- 'I will not be a mother' -

News of the population decline quickly trended on China's heavily censored internet, with some expressing fears for the country's future.

"Without children, the state and the nation have no future," one comment on the Twitter-like Weibo service read.

"Having children is also a social responsibility," another comment from a well-known "patriotic" influencer read.

But others pointed to the soaring cost of living and the difficulties of raising children in modern China.

"I love my mother, I will not be a mother," said one.

"No one reflects on why we do not want to have (children) and do not want to get married," another said.

Many local authorities have already launched measures to encourage couples to have children.

The southern megacity of Shenzhen, for example, now offers a birth bonus and pays allowances until the child is three years old.

A couple who has their first baby automatically receives 3,000 yuan ($444), an amount that rises to 10,000 yuan for their third.

In the country's east, the city of Jinan has since January 1 paid a monthly stipend of 600 yuan for couples that have a second child.

Chinese people are "getting used to the small family because of the decades-long one-child policy", Xiujian Peng, a researcher at Australia's University of Victoria, told AFP.

"The Chinese government has to find effective policies to encourage birth, otherwise, fertility will slip even lower," she added.

- 'A real concern' -

And analysts argue much more needs to be done.

"A comprehensive policy package that covers childbirth, parenting, and education is needed to reduce the cost of childraising," researcher Peng told AFP.

"Women's job insecurity after giving birth should be addressed particularly."

Independent demographer He Yafu also pointed to "the decline in the number of women of childbearing age, which fell by five million per year between 2016 and 2021" -- a consequence of the ageing of the population.

The Chinese population could decline each year by 1.1 percent on average, according to a study by the Shanghai Academy of Social Sciences updated last year and shared with AFP.

China could have only 587 million inhabitants in 2100, less than half of today, according to the most pessimistic projections of that team of demographers.

And India is set to dethrone China this year as the most populous country in the world, according to the United Nations.

"A declining and ageing population will be a real concern for China," Peng said.

"It will have a profound impact on China's economy from the present through to 2100."

A.Kwok--ThChM