(Adds analyst comment in the sixth paragraph).
April 29 (Bloomberg) - China declared victory on the rapid growth of the population such as the release of its decennial census reported that the focus will turn to the management of the impact of a faster than expected in the number of elderly people.China had 1.34 billion people to 1 November, Beijing - based National Bureau of Statistics, said yesterday. Although still the most populous country, the birth rate higher than the India 1.2 billion people it puts to the title when the South Asian nation holds its next census in 2021.Success by limiting the growth of the population through the policy of the child a three decades-old presents the Chinese leadership with another problem as the swelling ranks of retirees create pressure to strengthen social security and programs pose a risk to the economic growth required to finance. The over-60-s make up 13.3% of the population, 1 percentage point higher than forecast and the other half as much as in India, the United Nations data show yet. "The population of working age is scheduled to begin within the next three or four years, said Jim Walker, Director General of base of Hong Kong Asianomics Ltd. and former Chief Economist at CLSA Asia-Pacific markets. "These 9, 10 percent people are accustomed to rates of growth are not sustainable for very long."Investors should put their money in countries where the prospects for return on equity are highest, such as the India, Indonesia, Thailand, Malaysia, and the Philippines, said.Trends ContinueEconomic growth will slow "as demographic trends continue, stressing the need to rebalance the economy over the next decade to prepare for such a transition," analysts RBC Capital, including Hong Kong Brian Jackson-based marketswrote in a report released today. Growth likely slowed to 8-10% over the next 5 to 10 years, average 11.2% over the past five years, they said, citing Government officials.India exceed China economy to the faster growth in 2013 it adds six times more workers to its pool of hand work, Morgan Stanley said in a report last year. Persons aged 14 and less make up 16.6% of the population of China, a decline of 6.3 percentage points since the 2000 census. Almost one in three Indians are in this group, Bloomberg data show.China risks with support retirees to levels of per capita wealth which are only a fraction of the ageing of developed countries and needs a better system of pension to avoid what Goldman Sachs Group Inc., said the more danger in older "before becoming rich."Tax pressure "the ageing of the population is set to add the tax pressure on the Government, in the medium and long term which makes it imperative to put in place a well-functioning pension and health care system as soon as possible""," said Chang Jian, an economist Hong Kong-base of Barclays Capital, who has previously worked at the World Bank and the Monetary Authority.With of Hong Kong, more than 3 billion in currency reserves, the Government "a deep pockets now" and should be able to manage the ageing of the country as the rate of economic growth remain élevésChang said.China slowdown in growth of the population is a product of its system of family planning and the control policy of city dwellers to one child per woman, Ma Jiantang, head of the National Bureau of statistics, told journalists in Beijing yesterday. "The annual population growth was 0.57% between 2000 and 2010, the half of a percentage point less than the annual growth of 1.07% between 1990 and 2000, according to census figures."Our national policy of family planning database has been well developed too fast population growth dynamics and implementation is indeed under control, Ma said. However, the proportion of people over 60 years was 2.9 percentage more than 2000 points, and this trend is "gradually accelerates," according to the bureau of statistics.UBS, BlackrockThe hundreds of millions of workers China trillion will need in retirement can be a boon for global lenders and asset managers.UBS AG, Blackrock Inc. and State Street Corp. help the China to invest social security National Fund assets abroad, according to the Monetary Fund International. Pension fund national 856.8 billion yuan ($131.8 billion) of China might increase its global investment and has 18 billion yuan invested private equity funds, Wang Zhongmin, vice President of the National Council of social securitysaid March slows the growth of the population of the 30. like China, it becomes also more urban. City dwellers grow 665.6 million last year, more than twice the population of China to the United States is close with the most people in the cities than in villages for the first time in its history. The urban population represents 49.7% of the total, 13.5 percentage points higher than ten years, the NBS said.Contradictions, child policy a ChallengesThe, which resulted in millions of female fetuses aborted, led the men that make up 51.3% of the population, with 34 million more men than women. Most countries have more women than men, including the United States, where 50.3% of the population was a woman in 2010, according to U.S. Census data.Census figures show that "we still face some contradictions and challenges in population, economic and social development," including an aging population and a "report of imbalance between the sexes", said Ma.Chine is possibly move to a policy of two childrenthe China Business News reported yesterday, citing a person not identified close to decision makers. Farmers and national minorities can often have a child, and rich people can pay fines for a second or third child.Investors have overlooked the implications of the changes in the profile of the Chinese population "because of the extreme emphasis on growth" said Kirby Daley, Senior Strategist with brokerage first the Newedge group company based in Hong Kong. "Population issues can avoid at this stage." They are not reversible. ?-With the help of Daniel Ten Kate in Bangkok and Michael Forsythe in Beijing. Editors: Ben Richardson, Mark Williams
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