In traditional Chinese society, the elderly used to live with one of their children. But today more and more young adults are moving out, leaving their elderly parents alone. Experts say family-based care is now impractical because most middle-aged children have little time to take care of their parents.
The 4-2-1 family Only children from single-child parents face what is known as the 4-2-1 phenomenon: when the child reaches working age , he or she could have to care for two parents and four grandparents in retirement. One-child couple Zini and Lin are in that situation, and their family are concerned.
China’s population is aging faster than almost any other country in modern history. A country is in an aging population, which means it occupies 10 percent or 7 percent of the total population aged over 60 or 65 respectively. Aging population has exerted a certain influence on China’s society, politics, and economy.
65 and older
60 for men
A much-discussed fear—that China will get old before it gets rich —is no longer a theoretical possibility but fast becoming reality. According to UN projections, during the next 25 years the percentage of China’s population over the age of 65 will more than double, from 12% to 25%.
|Country/Territory||Rank||Median ages in years|
For instance, Japan holds the title for having the oldest population , with ⅓ of its citizens already over the age of 65.
In Germany , the majority of the population, including the elderly is funded by a public health care insurance system. Only employees who have an income above a cutoff point and certain other groups have the option of purchasing private insurance.
On this day in 2015, the Chinese government officially announces the end of its one – child policy , ending the most extreme state birth control project in history after 35 years.
The population of China is projected to decline from 1.4 billion in 2017 to 732 million by 2100, a drop of 48%, according to a new report published in the medical journal The Lancet and authored by University of Washington School of Medicine Professor Stein Emil Vollset and 23 coauthors.
Of the 20 countries and territories worldwide with the highest median ages, 14 are in Europe – led by Italy , Portugal and Germany . In fact, Italy trails only Japan when it comes to the world’s highest median age and the share of those ages 60 and older.