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China’s Labor Force Decreased by 33.25 Million over the Last Five Years

Caixin, a mainstream news media specializing in China’s economy, reported that China’s labor force continues to decline and its aging population continues to expand. According to data that China’s National Bureau of Statistics released in January 2017, at the end of 2016, the number of working-age population who were between the ages of 16 and 60 was about 33.25 million lower than in 2011. At the same time, China’s population aged 60 years and over at the end of 2016 increased by 45.87 million compared with 2011.

The report also mentioned that China’s population structure compared unfavorably with India.

Source: Caixin, February 27, 2017
http://datanews.caixin.com/2017-02-27/101059600.html

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