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 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
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
