China facing rapidly growing ageing population

From: China Economic Net: “The State Family Planning and Population Commission, the nation’s leading population think-tank and policy shaper, predicts that from 2000 to 2007, the number of residents 65 or older will grow throughout the nation from just under 100 million to more than 200 million.

That means a jump in elders of more than 4 million per year, with their numbers making up as much as 14 per cent of the population by 2007. And the total is expected to grow by leaps and bounds in the coming decades.

The commission forecasts that the likely proportion of the population 65 or older will surge to 24 per cent by 2050.”

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