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Challenge Facing China's Economic Growth in Its Aging but not Affluent Era

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  • Fang Cai
  • Meiyan Wang

Abstract

Demographic transition has occurred more rapidly in China than in most developed countries. As the population ages, the growth rate of the working age population has started to decline and the absolute quantity of the working age population will begin to shrink after 2015, which will inevitably result in structural labor shortage. Under the circumstance where comparative advantage is still embodied in its labor‐intensive commodities, timely and sufficient supply of a skilled labor force is vital for China to sustain fast economic growth. (Edited by Zhinan Zhang)

Suggested Citation

  • Fang Cai & Meiyan Wang, 2006. "Challenge Facing China's Economic Growth in Its Aging but not Affluent Era," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 14(5), pages 20-31, September.
    • Handle: RePEc:bla:chinae:v:14:y:2006:i:5:p:20-31
    DOI: 10.1111/j.1749-124X.2006.00035.x
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    Cited by:

    1. Lianxia Wu & Zuyu Huang & Zehan Pan, 2021. "The spatiality and driving forces of population ageing in China," PLOS ONE, Public Library of Science, vol. 16(1), pages 1-18, January.
    2. Masahiko Aoki, 2011. "The Five-Phases of Economic Development and Institutional Evolution in China and Japan," Development Economics Working Papers 23196, East Asian Bureau of Economic Research.
    3. Xiaohui, Chen & Tiansong, Wang & Piano, Samuele Lo & Mayumi, Kozo, 2015. "China's metabolic patterns and their potential problems," Ecological Modelling, Elsevier, vol. 318(C), pages 75-85.
    4. Wu, Feifei & Xu, Peipei & Gao, Bo & Ma, Jing, 2024. "Export contraction and input switching in an aging China," China Economic Review, Elsevier, vol. 85(C).
    5. Zhong, Hai, 2011. "The impact of population aging on income inequality in developing countries: Evidence from rural China," China Economic Review, Elsevier, vol. 22(1), pages 98-107, March.
    6. Jianmei ZHAO & Hai ZHONG, 2019. "A Demographic Factor as a Determinant of Migration: What Is the Effect of Sibship Size on Migration Decision?," JODE - Journal of Demographic Economics, Cambridge University Press, vol. 85(4), pages 321-345, December.
    7. Nan Jiang, 2019. "Adult Children’s Education and Later-Life Health of Parents in China: The Intergenerational Effects of Human Capital Investment," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 145(1), pages 257-278, August.
    8. Sumei Chen & Ling‐Yun He, 2019. "Taxation and the Environment–Health–Poverty Trap: A Policy Experiment Perspective," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 27(1), pages 72-92, January.
    9. Laixun Zhao, 2022. "A simple model of the Hukou system and Chinese exports," Review of International Economics, Wiley Blackwell, vol. 30(2), pages 549-565, May.
    10. Adam Quinn & Nicholas Kitchen, 2019. "Understanding American Power: Conceptual Clarity, Strategic Priorities, and the Decline Debate," Global Policy, London School of Economics and Political Science, vol. 10(1), pages 5-18, February.
    11. Bocong Yuan & Jiachun Fang & Jiannan Li & Fei Peng, 2022. "Chronic patients as retirement-aged workers: the impact of employment-based health insurance and chronic conditions on health-related working capacity and late-life career participation," European Journal of Ageing, Springer, vol. 19(4), pages 1351-1362, December.
    12. Wang, Shaobin, 2020. "Spatial patterns and social-economic influential factors of population aging: A global assessment from 1990 to 2010," Social Science & Medicine, Elsevier, vol. 253(C).

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