China's labor force drops for first time in 2012
Updated: 2013-01-18 13:57
By Li Jiabao (chinadaily.com.cn)
|
||||||||
China's working age population in 2012, the labor force aged from 15 to 59, reduced by 3.45 million from a year earlier to 937.27 million. The drop accounted for 69.2 percent of China's overall population, which was 0.6 percentage point less than the previous year. The first drop "in a quite long time", Ma Jiantang, head of the National Bureau of Statistics, told a news briefing on Friday.
The decrease is related to the change in birth rate and the working age population will "steadily shrink" by 2030, Ma said. He added that China still occupies the advantage with a working age population of more than 9 million.
The improvement in social productivity and labor skills will extend China's demographic dividend and provide a driving force for GDP growth in the future.
China's GDP expanded 7.8 percent year-on-year in 2012, which was a relatively slow pace owing to a challenging international situation as well as long-term factors, Ma said. He added that the moderate growth between 7 and 8 percent from the double digit growth in the past decades is in line with China's economic change regulation.
Related Readings
Labor force 'at turning point'
Nearly 10% of Chinese are aged above 65
Aging population will constrain growth
Cheaper labor will continue to work for economy
Guangzhou: labor shortage haunts small factories
Li Na on Time cover, makes influential 100 list
FBI releases photos of 2 Boston bombings suspects
World's wackiest hairstyles
Sandstorms strike Northwest China
Never-seen photos of Madonna on display
H7N9 outbreak linked to waterfowl migration
Dozens feared dead in Texas plant blast
Venezuelan court rules out manual votes counting
Most Viewed
Editor's Picks
|
|
|
|
|
|
Today's Top News
Boston bombing suspect reported cornered on boat
7.0-magnitude quake hits Sichuan
Cross-talk artist helps to spread the word
'Green' awareness levels drop in Beijing
Palace Museum spruces up
First couple on Time's list of most influential
H7N9 flu transmission studied
Trading channels 'need to broaden'
US Weekly
|
|















