China's Population Declines for 2nd Year as Birth Rate Hits Record Low, Workforce Shrinks, and Aging Booms
• China's population declined for the second straight year in 2023 to 1.409 billion, down 2.08 million from 2022
• China's birth rate hit a new record low of 6.39 births per 1,000 people in 2023
• China's workforce aged 16-59 declined by 10.75 million people from 2022
• The number of elderly people over age 60 increased by 16.93 million from 2022
• China's economy grew 5.2% in 2023, missing the government's 5% target and marking one of China's worst economic performances in over 30 years