Technology can hedge against impacts of coming negative population growth
A RESEARCH REPORT on population and economic growth published by the Chinese Academy of Social Sciences last week projects that China's population will peak at about 1.44 billion by around 2028 and thereafter enter a persistent negative growth phase. Beijing News comments:
For a long time, China, the world's most populous country, has been plagued by worries about its growing population. But now, people have begun to worry about a possible decrease in the population in the near future.
The size of a country's population is the first element of economic and social development. The different structures of the population constitute an important basis for a country to choose its development model. For China, one of the most critical factors in its rapid development over the past 40 years has been to make full use of the comparative advantage of its demographic dividend.