Global Demography: China

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Global Demography: China July 21, 217 Dr. Edward Yardeni 16-972-7683 eyardeni@ Debbie Johnson 48-664-1333 djohnson@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www. blog. thinking outside the box

Table Of Contents Table Of Contents China Demography 1-7 July 21, 217 / Global Demography: China www.

China Demography 1.4 Figure 1. CHINA: POPULATION (billions, ratio scale) 216 1.4 1.3 1.3 1.2 1.2 1.1 1.1 1. 1..8.8.6.6 49 1 3 7 9 61 63 6 67 69 71 73 7 77 79 81 83 8 87 89 91 93 9 97 99 1 3 7 9 11 13 17 19 21 Source: State Statistical Bureau of the People s Republic of China. Figure 2. CHINA: POPULATION (1-year change, millions) 3 3. 2 1-year growth rate at annualized rate 2 2. 1 1. 216 216 9 61 63 6 67 69 71 73 7 77 79 81 83 8 87 89 91 93 9 97 99 1 3 7 9 11 13 17 19 21. Source: State Statistical Bureau of the People s Republic of China. Page 1 / July 21, 217 / Global Demography: China www.

China Demography 3 Figure 3. CHINA: POPULATION (1-year change, millions) 3 2 2 1 216 1 - - -1-1 - 49 1 3 7 9 61 63 6 67 69 71 73 7 77 79 81 83 8 87 89 91 93 9 97 99 1 3 7 9 11 13 17 19 Source: State Statistical Bureau of the People s Republic of China. - 3 3. Figure 4. CHINA: POPULATION (yearly percent change) 3 3. 2 2 2. 2. 1. 1. 216.. - - -1. -1. - - -2. 49 1 3 7 9 61 63 6 67 69 71 73 7 77 79 81 83 8 87 89 91 93 9 97 99 1 3 7 9 11 13 17 19 21-2. Source: State Statistical Bureau of the People s Republic of China. Page 2 / July 21, 217 / Global Demography: China www.

1 Figure. CHINA: RURAL & URBAN POPULATION (as a percent of total population) China Demography 1 8 8 6 Rural (42) Urban (7.3) 216 6 O C 4 216 4 2 2 2 4 6 8 6 62 64 66 68 7 72 74 76 78 8 82 84 86 88 9 92 94 96 98 2 4 6 8 1 12 14 16 18 2 Note: O = China announced Open Door Policy during December 1978. C = China joined World Trade Organization during December 21. Source: China National Bureau of Statistics. 3 3 2 1 - -1 - -2 3 3 2 1 - -1 - -2 Figure 6. CHINA: URBAN POPULATION (yearly change, millions) RURAL POPULATION 2 4 6 8 6 62 64 66 68 7 72 74 76 78 8 82 84 86 88 9 92 94 96 98 2 4 6 8 1 12 14 16 18 2-2 216 216 3 3 2 1 - -1 - -2 3 3 2 1 - -1 - Page 3 / July 21, 217 / Global Demography: China www.

1.6 Figure 7. CHINA: POPULATION & PROJECTIONS (billions of persons) China Demography 1.6 1.4 1.3 Estimates (through 2) Projections (216 through 299) 2 1.4 1.3 1.2 1.2 1.1 1. 1.1 1..8.8.6.6 6 6 7 7 8 8 9 9 1 2 3 3 4 4 6 6 7 7 8 8 9 9 4. 3 Figure 8. CHINA: POPULATION & PROJECTIONS (yearly percent change) 4. 3 3. 2 Estimates (through 2) Projections (216 through 299) 3. 2 2. 2. 1. 1... - - -1. -1. - 6 6 7 7 8 8 9 9 1 2 3 3 4 4 6 6 7 7 8 8 9 9 - Page 4 / July 21, 217 / Global Demography: China www.

1.1 Figure 9. China Demography CHINA: WORKING-AGE POPULATION & PROJECTIONS* (billions of persons) 1.1 Estimates (through 2) Projections (216 through 299).3.3.1 6 6 7 7 8 8 9 9 1 2 3 3 4 4 6 6 7 7 8 8 9 9.1 * Persons -64 years old. 4 Figure 1. CHINA: WORKING-AGE POPULATION & PROJECTIONS* (yearly percent change) 4 3 Estimates (through 2) Projections (216 through 299) 3 2 2 1 1-1 -1-2 6 6 7 7 8 8 9 9 1 2 3 3 4 4 6 6 7 7 8 8 9 9-2 * Persons -64 years old. Page / July 21, 217 / Global Demography: China www.

8 Figure 11. CHINA: URBAN POPULATION & PROJECTIONS (as a percent of total population) China Demography 8 6 Estimates (through 213) Projections (214 through ) 6 4 4 2 2 6 6 7 7 8 8 9 9 1 2 3 3 4 4 18 16 Figure 12. CHINA: ELDERLY DEPENDENCY RATIO & PROJECTIONS (number of workers per senior) 18 16 14 12 Estimates (through 2) Projections (216 through 299) 14 12 1 8 1 8 6 6 4 4 2 2 61 67 73 79 8 91 97 3 9 21 27 33 39 4 1 7 63 69 7 81 87 93 99 Page 6 / July 21, 217 / Global Demography: China www.

7 7. Figure 13. CHINA:FERTILITY RATE (children per woman) China Demography 7 7. 6 6. Estimates (through 2) Projections (216 through 29) 6 6... 4 4. 3 OCP 4 4. 3 3. 2 2. TCP 3. 2 2. 1. 19 196 197 198 199 2 2 23 24 26 27 28 29 1. Note: OCP = China officially adopts one-child policy in 1979. TCP = China officially adopts two-child policy in 216. 3 Figure 14. CHINA: YOUNGER CHILDREN & OLDER ADULTS (percent of country or regional population*) 3 2 Age Under 6 & Older 2 1 1 19 19 196 196 197 197 198 198 199 199 2 21 2 22 2 23 23 24 24 * Estimates through 2, then projections through. Page 7 / July 21, 217 / Global Demography: China www.

Copyright (c) 217. All rights reserved. The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness, or correctness of the information and opinions contained herein. The views and the other information provided are subject to change without notice. All reports posted on www., blog., http://blog. and YRI s Apps for ipads and iphones are issued without regard to the specific investment objectives, financial situation, or particular needs of any specific recipient and are not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Past performance is not necessarily a guide to future results. Company fundamentals and earnings may be mentioned occasionally, but should not be construed as a recommendation to buy, sell, or hold the company s stock. Predictions, forecasts, and estimates for any and all markets should not be construed as recommendations to buy, sell, or hold any security--including mutual funds, futures contracts, and exchange traded funds, or any similar instruments. The text, images, and other materials contained or displayed on any product, service, report, email or website are proprietary to and constitute valuable intellectual property. No material from any part of www., blog., http://blog. and YRI s Apps for ipads and iphones may be downloaded, transmitted, broadcast, transferred, assigned, reproduced or in any other way used or otherwise disseminated in any form to any person or entity, without the explicit written consent of All unauthorized reproduction or other use of material from Yardeni Research, Inc. shall be deemed willful infringement(s) of this copyright and other proprietary and intellectual property rights, including but not limited to, rights of privacy. Yardeni Research, Inc. expressly reserves all rights in connection with its intellectual property, including without limitation the right to block the transfer of its products and services and/or to track usage thereof, through electronic tracking technology, and all other lawful means, now known or hereafter devised. reserves the right, without further notice, to pursue to the fullest extent allowed by the law any and all criminal and civil remedies for the violation of its rights. The recipient should check any email and any attachments for the presence of viruses. accepts no liability for any damage caused by any virus transmitted by this company s emails, website, blog and Apps. Additional information available on request. requests@