China’s Elderly Population To Grow In 30 Years

Beijing: People aged 65 years and older are expected to make up for around 30 per cent of China’s population in the next 30 years, authorities said on Monday. This is a significant rise as compared to the 11.9 per cent growth recorded in 2018, said an expert. “Rapid aging of the population will place great pressure on the pension fund and the workforce, and family members will face unprecedented pressure to take care of the elderly,” said Wang Guangzhou, a researcher at Chinese Academy of Social Sciences (CASS). According to official data of 2018, people aged 65 and above account for some 11.9 per cent of the total population. But due to gradual decrease of the population in proportion to those above 65 years, their numbers “will increase rapidly” over the coming decades, Efe news quoted Wang as saying. (IANS)

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