China is planning to include new measures to encourage more births and address its rapidly ageing population and shrinking workforce.
In China, the number of citizens aged 60 or over stood at 254 million at the end of last year, accounting for 18.1 percent of the population. The number is expected to rise to 300 million by 2025 and 400 million by 2035, putting huge pressure on the country’s health and social care system. The number of people of working age could decline by 200 million by 2050.
The Chinese government will offer extensive financial and policy support to encourage couples to have more children. The measures include introducing more affordable nursery services as well as relaxing the limits on the number of children Chinese couples are allowed to have.
“More inclusive population policies will be introduced to improve fertility, the quality of the workforce and the structure of the population,” Yuan Xin, vice-president of the China Population Association, explained.