Cai Fang: Director of Institute of Population and Labor Economics, CASS
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Urbanizing migrant workers raises labor force participation rate
The absolute number of China’s working-age population (aging 15-59) has been shrinking since 2012, and this trend of negative growth will continue. It is anticipated that some 30 million people of working-age will be lost between 2010 and 2020. 2012 saw no apparent employment shocks with a growth rate lower than 8%, and this shows that a fundamental change has taken place in the relationship between supply and demand.
April 10, 2013
Growing pains and growth rates
BEIJING, Nov. 11 (Xinhuanet) -- Following more than three decades of rapid growth, the Chinese economy has joined the convergence trend of the global economy and is now on the brink of a historical revival. But at the same time, as China's demographic dividend has disappeared, its economy has entered a period of decelerated growth. Faced with this conundrum, the need to formulate a policy that sets a course for the future development of China's economy is of paramount importance.
November 11, 2012
Narrowing income gaps
China has experienced decades of rapid economic development since the 1980s. However, the country's development has resulted in a marked income gap between urban and rural residents.
September 10, 2012
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