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Hot Topics: How China’s lowest birth rate ever could affect the economy and what the government is trying to do – YP

Mount Equity Group Tokyo Japan > News > Markets > Hot Topics: How China’s lowest birth rate ever could affect the economy and what the government is trying to do – YP

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China’s population has declined for the first time in six decades. The national birth rate for 2022 fell to a record low, and the country’s worsening demographic crisis has far-reaching effects on economic growth.

Deaths outnumbered births in China as its overall population plummeted by 850,000 people – to 1.4118 billion in 2022, down from 1.4126 billion a year earlier, the National Bureau of Statistics said this month.

Mothers in China had 9.56 million babies last year, and this was a 9.98 per cent drop from 10.62 million in 2021. The national birth rate fell to a record low of 6.77 births for every 1,000 people in 2022; this was down from 7.52 in 2021, marking the lowest rate since records began in 1949.

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