China Population Statistics: 21 Percent Decline Projected In 15-24 Age GroupJuly 31, 2011 7:16 pm
We have written about how many Chinese will remain bachelors – today we spotted this:
“The United Nations projects the male population aged 15-24 will fall 18.5% between 2010 and 2020, but that the female population in that age group will fall a sharper 23.9% — a result researchers tie to the confluence of a preference for boys, the one-child policy and the increased availability of ultrasound equipment. That’s made the lack of new job entrants more acute for manufacturers that tend to mainly employ women, such as apparel makers.
Economists note that young Chinese are healthier and more educated, and thus more productive, and that many state-owned enterprises have far more workers than they need. Still, a 21% decline in the age group is a major shift.
In the not-too-distant future, young Chinese workers will also have a lot more older people to support. The U.N. projects that those 65 and older will make up 20% of China’s population by 2035 — about the same as is projected for the U.S. — up from 8.2% in 2010.”
Statistics Source: WSJ