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Xinhua: China’s Aging Crisis is Deepening

By 1999, Chinese society had entered an aging era when people older than 60 years old made up 10% of the entire population. Ten years later, this figure increased to 12.79 % of the populion, which represents 169 million people.The Ministry of Civil Affairs stated a belief that “China is rushing into an aging society at a speed that is exceeding our imagination.” It was suggested that over the next 25 years, China should be getting ready to develop a strategy to deal with this issue. Development plans, laws and regulations, social and economic policy adjustments – all need to be prepared.

Source: Xinhua, October 26, 2009.