Chinese Economist's Dire Forecast for China's Birth Rate Crisis

As China's sliding birth rate gathers momentum, celebrity economist Ren Zeping has warned the country may reach the point of no return unless it introduces sweeping measures to support maternity and families.But Ren warned that in the long term, given China's low fertility rate and declining number of women of childbearing age, 'it is difficult to reverse the downward population trend if there is no substantial, effective policy to encourage births.'In 2023, the country of 1.

Meanwhile, the rising cost of living, especially in the largest cities, has coincided with a general shift in attitudes on child-rearing among younger generations, he said.In recent years, local governments have introduced a range of measures meant to encourage childrearing, such as birth subsidies, improved maternity insurance and prioritization for housing.But Ren said much more needs to be done.

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