CHINA: China is undergoing a significant change in its population structure. According to government data, the number of people aged 60 and older has already exceeded 300 million and is expected to reach around 390 million by 2030. This shift will move China from being a moderately aged society to one that is severely aged. In response to this challenge, the country is focusing on policies that support both the elderly and the younger generation as a key part of its long-term strategy. China sees this approach as crucial for maintaining social stability and promoting ongoing growth, indicating that these policies will remain a top priority over the next five years. For international companies and global leaders, this announcement suggests that more state-led funding and support may be directed toward areas like elder care, public health, education, and new demographic technologies, setting these sectors up for possible growth in the coming years.
- Lord, we pray that the leaders in China will be granted wisdom to develop effective policies that care for the elderly and support the younger generation. May they seek guidance to address the challenges of an aging population with compassion and foresight (The Holy Bible, Psalm 78:4).
- Lord, we pray for social stability and unity within the communities as they navigate this demographic shift. Asking for God’s provision that supports growth in critical sectors such as elder care, public health, and education (The Holy Bible, Philippians 4:19).
News Source: CGTN
Image Source: Canva
