China’s population to peak in 2021 as demographic turning point has already arrived, threatening to disrupt Beijing’s economic ambitions

  • The size of China’s population already peaked this year, which is much earlier than expected, according to Trip.com Group executive chairman James Liang
  • Falling birth rates, an ageing population and shrinking labour force represent headwinds that could disrupt China’s economic development

Mainland China’s birth rate dropped to a record low of 8.52 births for every 1,000 people in 2020. Illustration: Shutterstock
China’s population is expected to peak in 2021 and fall steadily in the foreseeable future in a turning point for the country’s population trajectory, according to James Liang, executive chairman of online travel platform Trip.com Group and renowned demographics expert.

Liang told the South China Morning Post on Thursday that the number of births across the country fell 20 per cent to about 10 million in 2021, citing published data from local Chinese authorities, while the number of deaths could be more than 10 million this year.

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