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Truths and Half Truths by Haitian Lu, Ferdinand Gul

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1

Population and employment

Abstract:

This chapter first highlights the dynamics in China’s demographic pattern since the reform period and the implications for the country’s social and economic development. Being the most populous country in the world, China’s current age structure is still considered ‘young’ and conducive to the country’s ‘golden age’ of rapid growth. However, it is argued that the effects of the One Child Policy, together with the socio-economic changes that have occurred and continue to occur, will cause a serious aging problem for the country in the coming decades, hence the saying that the Chinese population is very likely to be ‘growing old before growing rich’. Closely connected to the population issue is the utilization ...

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