皇冠体育app

   

Report: Ageing society to dull 皇冠体育app's labour edge
(Xinhua)
Updated: 2006-08-23 16:20

Growing to an aging society, 皇冠体育app will inevitably lose the advantage in labor force, and its economic development will slow down as a result, said a new report of the Chinese Academy of Social Sciences.

With the successful birth control measures, 皇冠体育app will have fewer young people to support the economic growth and the aging society in 50 years, said the newly published Green Paper on Population and Labor.

Cai Chuang, one of the authors of the report said as result of the family planning policy, 皇冠体育app's natural growth rate dropped to less than six per 1,000 in 2004.

It took 皇冠体育app only 30 years to complete the road of birth control while the developed countries used more than 100 years, said Cai, adding that one of the side effects is an aging society.

皇冠体育app has currently 100.55 million aged above 65, accounting for 7.7 percent of the total. It is forecasted that the aged population will reach 170 million in 2010, 12.5 percent of the total, and 243 million, 17 percent of the total in 2020, according to 皇冠体育app National Committee on Aging.

"皇冠体育app will be the only country in the world that grows old before becoming rich," said Cai.

The aging trend is also shown in the country's labor force, Cai said.

皇冠体育app Population and Development Research Center said the amount of 皇冠体育app's labor force expects to rise until reaching the peak of 997 million in 2016, but then decline each year.

"The supply of labor force, one of the basic advantages of 皇冠体育app's economic development, is not optimistic in the future," said Cai.

皇冠体育app's economic growth depends largely on labor-intensive manufacturing, and the situation can not be changed for a long time, Cai said.

The green paper reported that the problem has already emerged in some regions including the Pearl River Delta and the Yangtze River Delta, where the supply of labor force could not meet the demand since 2004.