BEIJING: Population experts are calling for more optimized services and expanded pension services to offset challenges brought by China’s aging population and the increasing pressure on the nation’s healthcare and social security systems, while tapping the potential of the elderly to be better involved in social activities.
A recent report by the Ministry of Civil Affairs shows that as of the end of last year, there were about 280 million people aged above 60, accounting for 19.8 percent of China’s population. That was up from around 267 million at the end of 2021.
As of the end of last year, the ratio of the non-working-age population to the working-age population reached 21.8 percent. Peng Xizhe, director of the Center for Population and Development Policy Studies with Fudan University in Shanghai, said that China is facing a rapidly aging population, which won’t be fixed quickly due to the declining birthrate.
“China experienced a ‘baby boom’ around 1963 to 1964, and with those people becoming old in the coming years, the nation is seeing a quickly growing aging population. Also, the decreasing birthrate makes the elderly people account for a larger proportion of the total population. The aging problem will continue for some time as the nation faces difficulty promoting the birthrate,” he stressed. –The Daily Mail-China Daily news exchange item
