The Impact of Population Aging on China's Economic Growth
- DOI
- 10.2991/978-94-6463-811-0_115How to use a DOI?
- Keywords
- Population Aging; China’s Economic Growth; Labor Supply; Consumption Structure; Social Security
- Abstract
China’s population aging has accelerated mainly because of the continuous decline in fertility and the increase in average life expectancy. Since the implementation of the family planning policy in the 1970s, the overall population fertility has been comfortably below the replacement generation level and, at present, has dropped to 1.0–1.2. In contrast, improved medical and living standards have enabled the average life expectancy of the populace to be comfortably more than 78 years and will continue to climb. Its characteristics are a large and growing population of the old, high aging rate, and “rich before old.” The impact of population aging on economic growth is threefold in nature, reducing the supply of labor, changing the pattern of consumption, and contributing to the social security and finance burden. The aim of this paper is to investigate the impact of population aging on China’s economic development, discuss its roles in supplying labor, enhancing labor productivity, and study its impact on the consumption pattern and industrial upgrade. And put forward national measures, like boosting labor productivity, improving the social security system, guiding the industrial development, etc., in face of challenges posed by aging, to achieve steady economic growth.
- Copyright
- © 2025 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Jianan Wu PY - 2025 DA - 2025/08/14 TI - The Impact of Population Aging on China's Economic Growth BT - Proceedings of the 2025 5th International Conference on Enterprise Management and Economic Development (ICEMED 2025) PB - Atlantis Press SP - 1063 EP - 1070 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-811-0_115 DO - 10.2991/978-94-6463-811-0_115 ID - Wu2025 ER -