China’s populace shrank for the second straight month in 2024, even though births rose significantly, underscoring a continual long-term danger for the market.
According to data released by the National Statistics Bureau on Friday, China’s population overall decreased by more than 1.39 million to 1.408 billion next year.
Around 9.54 million babies were born, which is 520, 000 more than the year before.
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This bump may be related to the idea that the Chinese zodiac’s Year of the Dragon is fortunate to have children. Perhaps so, it was still the second-lowest birthrate since 1949 when the People’s Republic of China was established.
” Many people who delayed childbirth during the three times of the Covid-19 crisis chose to have children in 2024 — that is the main reason of the uptick”, said He Yafu, an impartial et. However, I believe the number of children did decrease in 2025.
The Taiwanese government has struggled to stop a declining birth rate as a result of years of stringent family planning laws, rising care costs, and changing cultural norms. Since the 1960s, the number of children has continuously decreased, with the exception of a flimsy increase in 2016 as the state relaxed its one-child plan.
According to Bloomberg Intelligence, China’s people will fall to 1.36 billion by 2035, a figure that hasn’t been seen since 2012. However, this may be delayed if couples are persuaded to have more children. In October, authorities pledged to better help families with many children, including by helping with housing, health maintenance and work.
China’s economic prospects may eventually suffer as a shrinking workforce strains progress. Furthermore, the impoverished pension system would be put under more strain by an expanding elderly people.
Despite the public outcry the choice caused, China announced last year that it had gradually raise the retirement years for the first time since 1978.
