China’s working age population, those aged between 16 and 59, is expected to decline by 35 million over the next five years. Photo: Reuters
China’s working age population, those aged between 16 and 59, is expected to decline by 35 million over the next five years. Photo: Reuters
China jobs

China population: workforce to drop by 35 million over next five years as demographic pressure grows

  • With more than 40 million new retirees over the next five years, China’s workforce will see a net decline of 35 million, the government says
  • Beijing plans to meet the challenge by expanding private annuity schemes, postponing the retirement age and creating more jobs

Topic |   China jobs
China’s working age population, those aged between 16 and 59, is expected to decline by 35 million over the next five years. Photo: Reuters
China’s working age population, those aged between 16 and 59, is expected to decline by 35 million over the next five years. Photo: Reuters
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