Analysis of the Impact of Population Ageing on China's Economy

Abstracts: This paper is based on the background of population aging in China's society and economy, in order to study how aging affects China's economy and how to cope with its impact. The paper is based on a literature survey and a case study approach to the topic of labor markets, the silver economy, and the consumption of the elderly population. The results of the study show that the labor force receives a larger ripple effect and that an increase in the aging population inevitably leads to a decrease in the labor force. The silver economy is a senior-centered economy driven by aging, and the aging of the population has increased the burden on society and the government. The Chinese government needs to introduce an appropriate security system for the aging population to facilitate the integration of the elderly into society and to guide the changes that need to be made in all sectors to cope with the aging of the population.

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Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2024-10-25
DOI
https://doi.org/10.54254/2754-1169/119/20242481
Primary Topic
Global Health Care Issues
Type
article
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article

Analysis of the Impact of Population Ageing on China's Economy

Lingkai Li
Advances in Economics Management and Political Sciences
Global Health Care Issues
article

Analysis of the Impact of Population Ageing on China's Economy

Lingkai Li
article en

Abstract

Abstracts: This paper is based on the background of population aging in China's society and economy, in order to study how aging affects China's economy and how to cope with its impact. The paper is based on a literature survey and a case study approach to the topic of labor markets, the silver economy, and the consumption of the elderly population. The results of the study show that the labor force receives a larger ripple effect and that an increase in the aging population inevitably leads to a decrease in the labor force. The silver economy is a senior-centered economy driven by aging, and the aging of the population has increased the burden on society and the government. The Chinese government needs to introduce an appropriate security system for the aging population to facilitate the integration of the elderly into society and to guide the changes that need to be made in all sectors to cope with the aging of the population.

Advances in Economics Management and Political SciencesVol. 119(1)
Minzu University of China (CN)
Openalex Percentile: Top 66%
Global Health Care Issues
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