Well-known Chinese news site Sohu (NASDAQ: SOHU) recently reported that, according to the China Statistical Yearbook 2021, just released by the National Bureau of Statistics, compared with 2019, the country’s 2020 population increased by 2.04 million. Under the influence of multiple factors such as Covid-19 and the reduction of women of childbearing age, the number of births in 2020 hit a record low for recent years. Based on the data of the National Bureau of Statistics, on the net population increase over the years since 1949, analysts found that the net population growth in 2020 was the lowest since 1962. From 1962 to year the 2000, China’s annual net population growth was always above ten million. Since 2016, even when the comprehensive two-child policy was implemented, Chinese population’s net increase declined every year. Based on current data and research, there is a lack of impetus to increase the total population. It is getting harder and harder, and the number of births is quickly decreasing. The trend is getting closer and closer to the edge of the intersection of births and deaths. People are the primary force of social development. Population is a key variable that affects sustainable economic growth. If the fertility rate is too low, the scale drops too fast, and the young population is shrinking, the aging problem will become very prominent, weakening the vitality of the economy, and increasing the burden on the whole society.
Source: Sohu, December 14, 2021