An elderly man carries a young boy at a park in Beijing on February 9, 2021. Births fell in China for the fifth year in a row in 2021, adding to fears that country will soon be left with a reduced and overburdened working-age population. Photo: AP
An elderly man carries a young boy at a park in Beijing on February 9, 2021. Births fell in China for the fifth year in a row in 2021, adding to fears that country will soon be left with a reduced and overburdened working-age population. Photo: AP
David Chao
Opinion

Opinion

David Chao

China’s shrinking, ageing population should drive its transition into a digital economy

  • Shifting demographics are not necessarily bad news for China, provided it continues to move away from manufacturing towards a more productive digital economy
  • Investment in services and technology, particularly those needed to support an ageing population, can ease workforce pressures and improve standards of living

David Chao
David Chao

Updated: 3:30am, 5 Feb, 2022

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An elderly man carries a young boy at a park in Beijing on February 9, 2021. Births fell in China for the fifth year in a row in 2021, adding to fears that country will soon be left with a reduced and overburdened working-age population. Photo: AP
An elderly man carries a young boy at a park in Beijing on February 9, 2021. Births fell in China for the fifth year in a row in 2021, adding to fears that country will soon be left with a reduced and overburdened working-age population. Photo: AP
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