Push for ‘new productive forces’ set to feature at China’s upcoming ‘two sessions’. What is it all about?

As the challenges stack up, the two sessions could provide indications of potential government action to come. “Many are looking forward to stimulus packages for the economy. Reinvigoration of post-Covid recovery will be given importance,” NUS’ Dr Lim told CNA. Still, another observer does not expect the economy to be singled out for special mention. … Read more

China regions rethink support for workers with older parents as population ages

In Beijing, local authorities gave similar positive responses on Jan 30 to residents calling for the nursing leave to be extended. Employees in the capital get 10 days’ paid parental care leave, but only if they are the sole child in the family. The Beijing Civil Affairs Bureau said it “fully appreciates” the urgent needs … Read more

What China’s shrinking population means for the rest of the world

Why is this happening? Observers attributed China’s latest population decline to a wave of pandemic deaths early in 2023, after the world’s second largest economy abruptly dismantled its strict zero-COVID regime. Last year, overall deaths went up 6.6 per cent to 11.1 million, with the death rate reaching its highest level since 1974 during the Cultural … Read more