Proceedings of the International Workshop on Navigating the Digital Business Frontier for Sustainable Financial Innovation (ICDEBA 2024)

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Studying the Economic Implications of Population Aging and Negative Growth in China: Challenges and Countermeasures

Authors
Bingtong Liu1, *
1No. 9 High School, Harbin, Heilongjiang, 150000, China
*Corresponding author. Email: s23338.Yang@stu.scie.com.cn
Corresponding Author
Bingtong Liu
Available Online 24 February 2025.
DOI
10.2991/978-94-6463-652-9_22How to use a DOI?
Keywords
Population Aging; Negative Population Growth; Industrial Structure; Fiscal Sustainability; Demographic Trends
Abstract

Using a neoclassical growth model, this paper examines the economic impact of population aging and negative population growth rate at national levels in China from three perspectives: labor supply-demand relationship, inter-industrial structure variations and or fiscal sustainability. Using a combination of U.S. national demographic trends and case studies from other countries, the research identifies two major challenges: labor force contraction as population growth slows in all developed nations; and rising fiscal pressures on governments due to an aging-population overhang that will tend (in normal macroeconomic conditions) to slow near-term economic growth rates everywhere. The study also compares the efficacy of different policy responses taken by other countries, to offer suggestions for China. They suggest reforms in education, changes to retirement age policies and improvements of social support systems. The results underline the importance of taking positive policy measures to alleviate economic pressures arising from demographic shifts so as to achieve continued development in China.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Workshop on Navigating the Digital Business Frontier for Sustainable Financial Innovation (ICDEBA 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
24 February 2025
ISBN
978-94-6463-652-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-652-9_22How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Bingtong Liu
PY  - 2025
DA  - 2025/02/24
TI  - Studying the Economic Implications of Population Aging and Negative Growth in China: Challenges and Countermeasures
BT  - Proceedings of the International Workshop on Navigating the Digital Business Frontier for Sustainable Financial Innovation (ICDEBA 2024)
PB  - Atlantis Press
SP  - 208
EP  - 220
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-652-9_22
DO  - 10.2991/978-94-6463-652-9_22
ID  - Liu2025
ER  -