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

USD -
AED 3.673055
AFN 71.025985
ALL 86.762083
AMD 388.868144
ANG 1.80229
AOA 917.499262
ARS 1178.010402
AUD 1.56091
AWG 1.8025
AZN 1.712043
BAM 1.71838
BBD 2.002943
BDT 121.466383
BGN 1.717302
BHD 0.376881
BIF 2973.281671
BMD 1
BND 1.309998
BOB 6.907549
BRL 5.656697
BSD 0.999671
BTN 85.150724
BWP 13.648225
BYN 3.271568
BYR 19600
BZD 2.008127
CAD 1.38458
CDF 2878.999894
CHF 0.825799
CLF 0.024563
CLP 942.679574
CNY 7.29497
CNH 7.27421
COP 4214.92
CRC 505.37044
CUC 1
CUP 26.5
CVE 96.878775
CZK 21.91245
DJF 178.021833
DKK 6.562602
DOP 58.910097
DZD 132.514004
EGP 50.821397
ERN 15
ETB 133.816329
EUR 0.879305
FJD 2.256901
FKP 0.746656
GBP 0.74725
GEL 2.740408
GGP 0.746656
GHS 14.295693
GIP 0.746656
GMD 70.99956
GNF 8658.598194
GTQ 7.699235
GYD 209.77442
HKD 7.75844
HNL 25.942636
HRK 6.622505
HTG 130.805895
HUF 355.189992
IDR 16758.4
ILS 3.62369
IMP 0.746656
INR 85.13525
IQD 1309.65194
IRR 42112.502706
ISK 128.459921
JEP 0.746656
JMD 158.360167
JOD 0.709194
JPY 142.708978
KES 129.249741
KGS 87.450231
KHR 4002.03836
KMF 432.498286
KPW 900.101764
KRW 1435.664999
KWD 0.30635
KYD 0.833088
KZT 511.373521
LAK 21623.212599
LBP 89572.429547
LKR 299.461858
LRD 199.942891
LSL 18.550298
LTL 2.95274
LVL 0.60489
LYD 5.469282
MAD 9.273348
MDL 17.204811
MGA 4511.608496
MKD 54.050136
MMK 2099.785163
MNT 3572.381038
MOP 7.988121
MRU 39.577741
MUR 45.145196
MVR 15.409902
MWK 1733.476838
MXN 19.603198
MYR 4.327498
MZN 64.00024
NAD 18.550298
NGN 1603.880054
NIO 36.786962
NOK 10.378669
NPR 136.24151
NZD 1.67981
OMR 0.384995
PAB 0.999671
PEN 3.665166
PGK 4.141754
PHP 56.096005
PKR 280.838623
PLN 3.755049
PYG 8005.869096
QAR 3.644463
RON 4.37683
RSD 102.971863
RUB 81.749252
RWF 1429.042107
SAR 3.751033
SBD 8.354312
SCR 14.388635
SDG 600.499605
SEK 9.639406
SGD 1.30959
SHP 0.785843
SLE 22.701772
SLL 20969.483762
SOS 571.355773
SRD 36.850114
STD 20697.981008
SVC 8.747337
SYP 13001.961096
SZL 18.543884
THB 33.438965
TJS 10.556725
TMT 3.5
TND 2.990428
TOP 2.342098
TRY 38.43845
TTD 6.782788
TWD 32.2745
TZS 2687.500947
UAH 41.532203
UGX 3663.759967
UYU 42.093703
UZS 12944.520346
VES 86.54691
VND 26005
VUV 121.306988
WST 2.770092
XAF 576.326032
XAG 0.030056
XAU 0.000302
XCD 2.70255
XDR 0.715661
XOF 576.328564
XPF 104.781778
YER 245.102189
ZAR 18.544301
ZMK 9001.164141
ZMW 27.966701
ZWL 321.999592
  • RIO

    0.3200

    61.19

    +0.52%

  • CMSC

    -0.0830

    22.237

    -0.37%

  • SCS

    0.0250

    9.885

    +0.25%

  • BCC

    -1.1100

    94.22

    -1.18%

  • BTI

    0.0750

    42.465

    +0.18%

  • RBGPF

    -0.4500

    63

    -0.71%

  • RYCEF

    0.0700

    10.25

    +0.68%

  • JRI

    0.0200

    12.82

    +0.16%

  • CMSD

    -0.0500

    22.43

    -0.22%

  • BCE

    0.2900

    22.1

    +1.31%

  • NGG

    0.1800

    73.03

    +0.25%

  • AZN

    0.6100

    70.54

    +0.86%

  • RELX

    0.2600

    53.62

    +0.48%

  • BP

    -0.8550

    28.275

    -3.02%

  • GSK

    0.4300

    38.49

    +1.12%

  • VOD

    0.0310

    9.601

    +0.32%

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