China’s population has decreased for the first time in more than 60 years, official data shows — a historic turn for the world’s most populous nation that is now expected to see a long period of population decline.
The country of 1.4 billion has seen birth rates plunge to record lows as its workforce ages, a drop that analysts warn could stymie economic growth and pile pressure on the country’s strained public finances. The mainland Chinese population stood at approximately 1,411,750,000 at the end of 2022, Beijing’s National Bureau of Statistics (NBS) reported on Tuesday, 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. Men also continued to outnumber women in China by 722.06 million to 689.69 million. The new figures mark the first fall in China’s population since 1961, when the country battled the worst famine in its modern history, caused by Mao Zedong’s disastrous agricultural policy known as the Great Leap Forward. The decline in population could have significant economic consequences for China. The country's workforce is shrinking, and the proportion of elderly people is increasing. This could lead to a decline in economic growth and a strain on the country's social security systems. The Chinese government has implemented a number of measures to address the population decline, such as the two-child policy and measures to support families with children. Additionally, the government has also emphasized the importance of increasing the birth rate and has called for more support for families with children. China has long been the world’s most populous nation, but is expected to soon be overtaken by India, if it has not already. Estimates put India’s population at more than 1.4 billion. The head of the NBS, Kang Yi, said people should not worry about China’s population decline as the country’s overall labour supply still exceeds demand. China’s population could reduce by 109 million by the year 2050, more than triple the decline of their previous forecast in 2019.
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