New normal beyond ‘old’ challenges


To realise Chinese modernisation, the country has to first address the new demographic challenges and achieve high-quality population development. — China Daily

THE development experiences of different countries at different times show that the relationship between population development and socioeconomic development can be mutually reinforcing and mutually constraining.

Since the launch of reform and opening-up in 1978, China has benefited from a favourable demographic structure characterised by an increasing workforce, declining dependency ratios and rising education levels of young workers, which contributed to China’s rapid economic growth.

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