China’s population is shrinking, creating challenges and opportunities for its economy and British businesses In 2022, China’s population fell for the first time in six decades, dropping from 1.4126 billion to 1.4118 billion, a decline of 850,000. This trend has accelerated, with losses of 2.08 million in 2023 and 1.39 million in 2024, according to China’s National Bureau of Statistics. The United Nations projects a further decline of 204 million …
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ageing
As China increases its retirement age for the first time in decades, Focus looks at the reasons driving the change – and what it means for businesses in China The Standing Committee of the National People’s Congress, China’s top legislative body, announced on 13 September 2024 that the country would gradually increase the retirement age for men from 60 to 63, for women in white-collar jobs from 55 to 58, …
As China’s ageing population becomes more of an issue, products that offer solutions to such problems are becoming a hot topic at events such as the upcoming Design Intelligence Awards — applications for which close on 9 July — writes Robynne Tindall The results of China’s 2020 census showed that the population is ageing rapidly. There are now 264 million people over the age of 65 in China, accounting for …