World · East Asia & Pacific · 3 hrs ago

China's elderly dependency ratio surpasses its child dependency ratio

China's elderly dependency ratio surpasses its child dependency ratio

China's elderly dependency ratio reached 23% last year, exceeding the 22% ratio for children for the first time.

The figures compare the number of older people or children with the working-age population.

China has more than 223 million people aged 65 and over, nearly 16% of its population, while about 213 million people are aged 14 or younger.

A growing elderly population and fewer young people mean fewer workers may be available to support older relatives.

Rapid urbanisation and the former one-child policy, which ran from 1980 to the end of 2015, are among the factors behind the shift.

The change could constrain economic growth and consumer spending, with possible effects on the wider global economy.

China's government is encouraging young people to marry and have more children as the older population grows.

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