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China’s population is shrinking for the first time in 6 decades

population of china last year for the first time since 1961, a historic turnaround that is expected to mark the beginning of a long period of decline in the numbers of its citizens.

And he said National Bureau of Statistics In China, the country had 1.41175 billion people at the end of 2022, compared to 1.41260 billion a year earlier.

Last year, the birth rate was 6.77 births per 1,000 people, down from the birth rate of 7.52 births in 2021, which is lower. Birth rate Not at all, according to Reuters.

China also scored higher mortality rate Since 1974, it recorded 7.37 deaths per 1,000 people, compared to an average of 7.18 deaths in 2021.

Much of the population decline is due to One child policy imposed by China between 1980 and 2015 Education costs The exorbitant costs that have put many Chinese away from having more than one child or even one child at all.

Government is seeking China Several years ago to encourage people to have more children, and stave off the looming demographic crisis due to population aging.

The new policies sought to ease the financial and social burdens of child-rearing, or to actively stimulate childbearing through subsidies and tax breaks.

But after decades of a one-child policy that punitively discourages having multiple children, and the modern high cost of living, resistance still exists among couples.

One of the worst economic growth rates

Meanwhile, China revealed a decline Economic growth In 2022 to one of its worst levels in nearly half a century, as fourth-quarter activity was hit hard by strict Covid-related restrictions and a slowdown in the real estate market, increasing pressure on policymakers to unveil more stimulus this year.

Data from the National Bureau of Statistics, today, Tuesday, showed growth gross domestic product By 2.9% in the October-December period compared to the same period a year ago, which is slower than the pace of 3.9% in the third quarter.

The rate still beats second quarter growth of 0.4% and market expectations of a 1.8% rise.

On a quarterly basis, GDP stagnated, hitting zero in the fourth quarter, compared with growth of 3.9% in the July-September period.

But for the whole of 2022, gross domestic product grew 3%, far behind the official target of 3% "about 5.5%" It is far behind the 8.4% growth in 2021.

With the exception of the growth of 2.2% after the shock Covid First in 2020, this is the worst performance since 1976, the last year of the year Cultural Revolution That lasted a decade and that affected the economy.

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The number has decreased population of china last year for the first time since 1961, a historic turnaround that is expected to mark the beginning of a long period of decline in the numbers of its citizens.

And he said National Bureau of Statistics In China, the country had 1.41175 billion people at the end of 2022, compared to 1.41260 billion a year earlier.

Last year, the birth rate was 6.77 births per 1,000 people, down from the birth rate of 7.52 births in 2021, which is lower. Birth rate Not at all, according to Reuters.

China also scored higher mortality rate Since 1974, it recorded 7.37 deaths per 1,000 people, compared to an average of 7.18 deaths in 2021.

Much of the population decline is due to One child policy imposed by China between 1980 and 2015 Education costs The exorbitant costs that have put many Chinese away from having more than one child or even one child at all.

Government is seeking China Several years ago to encourage people to have more children, and stave off the looming demographic crisis due to population aging.

The new policies sought to ease the financial and social burdens of child-rearing, or to actively stimulate childbearing through subsidies and tax breaks.

But after decades of a one-child policy that punitively discourages having multiple children, and the modern high cost of living, resistance still exists among couples.

One of the worst economic growth rates

Meanwhile, China revealed a decline Economic growth In 2022, it fell to one of its worst levels in nearly half a century, as fourth-quarter activity was hit hard by strict restrictions related to Covid and a slowdown in the real estate market, which increased pressure on policymakers to unveil more stimulus this year.

Data from the National Bureau of Statistics, today, Tuesday, showed growth gross domestic product By 2.9% in the October-December period compared to the same period a year ago, which is slower than the pace of 3.9% in the third quarter.

The rate still beats second quarter growth of 0.4% and market expectations of a 1.8% rise.

On a quarterly basis, GDP stagnated, hitting zero in the fourth quarter, compared with growth of 3.9% in the July-September period.

But for the whole of 2022, GDP grew 3%, far behind the official target of “around 5.5%” and far behind 8.4% growth in 2021.

With the exception of the growth of 2.2% after the shock Covid First in 2020, this is the worst performance since 1976, the last year of the year Cultural Revolution That lasted a decade and that affected the economy.

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