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The birth rate was the lowest since 1949 when the statistics bureau began collating the data.
The natural growth rate of China’s population, which excludes migration, was only 0.034 percent for 2021, the lowest since 1960.
“The demographic challenge is well known but the speed of population ageing is clearly faster than expected,” said Zhiwei Zhang, chief economist at Pinpoint Asset management.
“This suggests China’s total population may have reached its peak in 2021. It also indicates China’s potential growth is likely slowing faster than expected,” Zhang said.
There were 10.62 million births in 2021, the data showed, compared with 12 million in 2020.
The birth rate in 2020 was 8.52 births per 1,000 people. Source: Reuters Related
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