Wang Haidong, director of the Department of Aging and Health at China’s National Health Commission, announced Tuesday that population studies show that by 2035, China will become a “severely aging society” with 30 percent of the population over the age of 60.
Chinese state-run Global Times The Communist regime is “under enormous pressure to deal with aging” as the “old-age dependency ratio” is about to soar, peaking around 2050, Wang was quoted as saying.
In other words, like many other industrialized nations — but on a massive scale and faster — China is reaching a point where life expectancy is increasing and birth rates are collapsing, leaving not enough young workers to cover the cost of caring for retirees.
Mr. Wang took great pains to assure reporters that China currently has sufficient resources to deal with the elderly, although he said his government is less about taking care of them and more about warehousing them:
Talking about the development of the pension business, Wang said that as of 2021, among the 1.4 population, pension insurance covers 1.03 billion and medical insurance covers 1.36 billion. 49 cities took the lead in developing long-term care services, covering a population of 145 million.
As of the first quarter of 2022, there are 8 million beds in 360,000 nursing centers across the country, and more than 1.75 million beds in medical centers.
More than 40,000 learning centers have been established for seniors to study, and cultural facilities and tourist attractions are open to them for free or at discounted rates to encourage seniors to participate in recreational activities, Wang said.
Wang said the regime “will implement a national strategy for the situation and figure out how to deal with it,” but so far none of its remedies have worked to prevent China’s population from collapsing.
A few years ago, Chinese health experts began to sound the alarm projection Net population decline by 2025, few Assumption Some regions may already experience negative population growth.
In July this year, major demographer Huang Wenzheng Say Negative growth “will be the dominant long-term trend”, describing it as “the inevitable consequence of prolonged low fertility”.
Huang pointed out that previous dire predictions of population decline may actually underestimate the rate of decline in newborns.China post Last year was the lowest birth rate in modern history, likely because the coronavirus pandemic and its lockdowns have made it more difficult than ever so far and a frightened population has lost the remaining enthusiasm for having children.
China first loosened its notorious “one-child policy” for compulsory contraception and abortion, then began aggressively encouraging citizens to have two children, before realizing that the enormity of population growth meant bigger families were needed.
Chinese officials have worked hard to dispel the perception among young professionals, in China and many other societies around the world, that having children is too expensive and will frustrate the career aspirations of young parents.One of China’s technologies in this regard is impose There are tight controls on the price of private tutoring, which upwardly mobile parents see as an expensive necessity if their children are to succeed.
China vigorously promotes encouragement to have more children supply Expectant parents have a range of incentives, from tax breaks and housing credits to childcare and insurance subsidies. None of this seems to work as well as demographers had hoped.
China will still have a large population in 2035 or 2050, and while the declining ratio of young workers to the elderly is a heavy burden, it should not be disastrous for a country as prosperous as China claims to be.
The biggest problem is that China’s dream of global economic dominance is entirely dependent on having a large number of workers, and it doesn’t look like they will be in the necessary jobs in two or three years.
Human capital is necessary to sustain the explosive growth that China’s Agenda 21 calls for, especially when the abundance of cheap labor becomes an important part of Beijing’s export strategy. China’s military ambitions require both soldiers and industrial workers to produce high-tech ammunition.
as foreign policy It was noted in July that if current projections for both countries hold, China will have about half the population of India by the end of the century. At the same time, the United States is struggling with its own population decline, but not nearly as badly as China, and the dramatic increase in Americans’ per capita income means that China’s dream of becoming the world’s No. 1 economy may only last a few years. if it happened.