China’s shrinking population brings both negative and positive effects, President Xi Jinping has said, noting that a lighter environmental burden is among the benefits of a smaller population.
The Chinese leader also defended the “correctness and effectiveness” of past birth control policies, according to excerpts from a speech to the Central Financial and Economic Affairs Commission.
He made the speech in May last year but the excerpts were published for the first time on Friday in Qiushi, the Communist Party’s top theoretical journal.
The impact of population decline “must be viewed in a dialectical manner”, Xi told commission officials.
But Xi also acknowledged the negative effects, such as a reduced labour force and weaker consumer and investment momentum.
“Overall, the impact of population decline on economic and social development has both positive and negative aspects. We cannot look at it from just one side. Some issues require long-term consideration, and we should avoid rushing to conclusions … and we should work to maximise benefits while avoiding harm,” he said.
China faces deepening demographic challenges as its birth rate plummets. Only 9 million births were reported in the country in 2023, the lowest since records began in 1949, as the population dropped for the second year in a row to 1.4 billion, a decline of more than 2 million.
National and local governments have rolled out a raft of policies, such as cash subsidies and extended maternity and paternity leave. But demographers argue these have failed to address deeper issues such as high living costs, insufficient childcare support and persistent gender inequality.
“The pace of population transition is fast, the population decline has come earlier than expected, but overall it follows the general pattern of modernisation development worldwide,” he was quoted as saying by the party journal, which regularly highlights internal leadership speeches months after they are given.
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