What will happen when our population is halved and 1.4 billion becomes 700 million?

Mondo Social Updated on 2024-01-29

China's population problem is in the spotlight,** suggesting that by the end of the century, China could halve its population. This massive demographic change is a huge challenge for any country and will have far-reaching economic, social, defence and diplomatic implications. There is an urgent need for an in-depth analysis of the impact of this trend on China's future and how to respond effectively to this change.

01 The impact of the halving population on the economy

If our population were to be halved, it would have a significant impact on economic growth. Economic growth depends mainly on labor and capital, and labor is the core of production and innovation.

A significant decline in population would limit productive capacity and innovation, leading to slower economic growth. According to the Outline of China's Long-Range Objectives Through 2035, the country is expected to achieve basic modernization by 2035 and comprehensive modernization by 2050. However, if the population is halved, these goals will not be met on time.

In addition, the depopulation will also affect the structure of the economy. With the aging of the population, the expenditure on social security and medical care increases, while the demand for consumption and investment decreases accordingly. This means that China's economy will shift from an investment- and export-led model to a growth model dominated by consumption and services.

02 The halving of the population causes social problems

Halving the population will trigger a series of social problems, the first of which are pensions and health care. As the proportion of the elderly population rises, the pension gap will widen. Last year, China's pension income and expenditure appeared 1There is a huge gap of 2 trillion yuan, which is equivalent to 11%。This will increase the burden of social security and pose a threat to social stability.

On the other hand, the imbalance in the marriage market will create a group of "leftover men" and cause a series of social problems. This situation will exacerbate social contradictions and make governance more difficult. The impact of pension issues, medical security, labor market and marriage market will bring more social problems, exacerbate social contradictions, and increase the difficulty of governance.

03 Changes in international status

Population decline will have an impact on international standing. As a large country with a population of more than 1.4 billion, China has an important influence and voice in the international arena. We are one of the permanent members of the United Nations Security Council and a member of important organizations such as the World Organization, the G20, and BRICS.

Actively participating in global governance and regional cooperation is China's contribution and has made efforts to safeguard world peace and development. If the population is halved, our country's position and role in the international arena will be challenged. According to a report by the Center for Strategic and International Studies (CSIS), a U.S. think tank, halving the population could lead to a reduction in China's comprehensive national power index from 0 in 202482 down to 065, which could be further reduced to 058。This will mean the degradation of our country from a superpower to a middle power.

04 Cultural inheritance is facing difficulties

With the population halved, it will be difficult to pass on culture. As the population ages and the young population declines, the power of cultural transmission may weaken. Young people may pay less attention to traditional culture and may be more receptive to foreign cultures.

This may lead to the gradual loss of traditional Chinese culture, affecting our cultural identity and cohesion. At the same time, cultural innovation may be hampered by the decline in innovative talent. Innovative talents are the engine of cultural development, and if we lack the mechanism to cultivate and stimulate innovation, cultural innovation will be difficult to develop.

This will affect the vitality, competitiveness and diversity of culture, and bring cultural development to a downturn. How can we meet this challenge and preserve and pass on our cultural heritage?

Finally

Tackling low fertility is not a short-term solution. When the population is halved, the social, economic and political consequences will be profound. For China, this is a huge challenge, but it also presents opportunities. How to deal with this problem requires the joint efforts and exploration of the whole society. How do you think we should address this challenge? Economy

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