Research on the Impact of Aging on China's Macro-Economy

Since the beginning of the 21st century, China's aging problem has become serious. The proportion of the population over 65 years old in the total population is increasing year by year. The social age structure has changed greatly; on the other hand, China's economic growth rate, after an average of more than 10% in 2000-11, has also gradually slowed down from rapid growth to high-quality growth. This paper analyzes relevant literature, searches for relevant data, speculates on its relevant correlation, and uses qualitative research and other research methods to explore the impact of the accelerated aging rate on my country's macroeconomics from the perspectives of the labor market, savings and investment, and consumer demand. Aging problem to China's economy brings the labor scale, labor quality decline, savings rate, the government fiscal deficit challenges, but also brought the development of the pension industry, the second industry labor capital technology to the third industry transfer opportunities, this paper on the existing challenges and opportunities in the future and the use policy to improve fertility, legislation to improve the rights and interests of women and children, accelerate the development of network and electronic infrastructure construction, mining the elderly consumption potential and labor contribution, etc.

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Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2024-12-19
DOI
https://doi.org/10.54254/2754-1169/2024.18385
Primary Topic
Global Health Care Issues
Type
article
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Research on the Impact of Aging on China's Macro-Economy

Liangyu Han
Advances in Economics Management and Political Sciences
Global Health Care Issues
article

Research on the Impact of Aging on China's Macro-Economy

Liangyu Han
article en

Abstract

Since the beginning of the 21st century, China's aging problem has become serious. The proportion of the population over 65 years old in the total population is increasing year by year. The social age structure has changed greatly; on the other hand, China's economic growth rate, after an average of more than 10% in 2000-11, has also gradually slowed down from rapid growth to high-quality growth. This paper analyzes relevant literature, searches for relevant data, speculates on its relevant correlation, and uses qualitative research and other research methods to explore the impact of the accelerated aging rate on my country's macroeconomics from the perspectives of the labor market, savings and investment, and consumer demand. Aging problem to China's economy brings the labor scale, labor quality decline, savings rate, the government fiscal deficit challenges, but also brought the development of the pension industry, the second industry labor capital technology to the third industry transfer opportunities, this paper on the existing challenges and opportunities in the future and the use policy to improve fertility, legislation to improve the rights and interests of women and children, accelerate the development of network and electronic infrastructure construction, mining the elderly consumption potential and labor contribution, etc.

Advances in Economics Management and Political SciencesVol. 129(1)
Zhejiang University of Finance and Economics (CN)
Openalex Percentile: Top 58%
Global Health Care Issues
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Research on the Impact of Aging on China's Macro-Economy — Liangyu Han · Advances in Economics Management and Political Sciences (2024) | TGRS Research Map | TGRS