China population crisis: New two-child policy fails to yield major gains
Date Published: 02/10/2017
CNBC, Jan. 28, 2017
A Chinese government report says that the relaxation of the one-child policy has failed to effectively increase the birth rate, implying that China is going to face a serious aging population problem in the following years. In early 2016, the Chinese government amended the birth control policy by allowing each family to have a second child. According to the statistics from China's National Health and Family Planning Commission, the number of births after the new policy increased by 7.9 percent compared to the previous year. However, the population crisis China now is facing is still a big challenge due to a low fertility rate below the natural replenishing rate. Other data released by China's National Bureau of Statistics suggested that the aging population will continue to accelerate for the next 15 years, with a serious shrink in the size of China’s workforce. (Posted by Mia Mi)
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