Birth rate hits 70yr-low in China as couples struggle to afford education,health care


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Birth rate hits 70yr-low in China as couples struggle to afford education,health care

On Friday, the 17th of January 2020, Government data from People’s Republic of China, the world’s second-largest economy, had rounded up debarkation of a disturbing demographics, as the nation’s birth rate had hit its lowest level in more than 70 years amid competitive narratives on whether couples in China could afford a skied-up health care and educational expenses for their children.

As Friday’s (January 17th) Government data posed a long-term challenge for the rapidly aging population of China, the country’s birth rate as of December 31st, 2019, remained at 10.48 per thousand, a level never witnessed since 1949, data from China’s National Bureau of Statistics revealed.

On top of that, according to many local newspaper reports, China’s young couples remained more or less unwilling to have children since they could not be able to pay for their health care and education alongside other household expenses, while divorce rate had hit a record over the first three quarters of 2019 when roughly 3.1 million Chinese couples had filed for divorce compared to 7.1 million couples got married at the same timeline.

Meanwhile, following release of Friday’s (January 17th) report, a number of analysts were quoted saying that a low birth rate of such scale would be requiring prudent actions from the Chinese leaders who had pledged to a decent health care system alongside pension schemes amid a sharply slowing economy.