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He suggested China increase the retirement age to 65 years, thus delaying the demographic turning point and significantly lowering the age ratio in the long term.
If China sticks to its current retirement age,north face jacket sale,UGG 靴, the number of 15 to 59-year-olds will peak at around 920 million people in 2013,エア マックス,red wing boots 3140 sale, and decline gradually from there on, the report said.
2011-07-12 13:18:11.0Yu HongyanLabor market may see turning point in 2013labor market ,family planning policy ,aging population1811048828Economy2@usa/enpproperty-->The latest census data shows that China's average annual population growth during the last decade fell to 0.6 percent from the 1.1 percent during 1990s,グッチ ラウンドファスナー, the Allianz Demographic Pulse said.
"It is therefore all the more important to establish a demographically sustainable social system as a matter of urgency, in which capital-funded private provisions play a key role,ナイキ ブーツ," said Heise.
Judging from China's current retirement age (50 or 55 for women, 60 for men), there are 18 people aged 60 and over for every 100 in the labor force aged 15 to 59. This ratio will reach as high as 64 to 100 by 2050.
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China's labor market is expected to reach a turning point in 2013 as a result of the family planning policy and the aging population, the Allianz Group said in a recent report.
Even if China lifted the family planning policy,UGG ショート,moncler down, the decline in the workforce potential could be alleviated but no longer prevented, said Michael Heise, the chief economist and head of corporate development at Allianz.
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