China’s elderly dependency ratio surpasses that of children for the first time, with fewer than 3 people per household
Affected by the dual impact of population aging and declining birth rates, the focus of China’s social dependency has officially shifted from’raising the young’ to ‘supporting the elderly’. According to the latest official data,last year the national old-age dependency ratio (23.1%) exceeded the child dependency ratio (22%) for the first time in history, meaning that for every 100 working-age people, there are 23.1 elderly people and 22 children. At the same time,last year China’s average household size shrank to 2.52 people per household, a decrease of 0.58 people compared with 10 years ago.Minister of Civil Affairs Li Changguan wrote that changes…
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