Nowadays, China’s young people increasingly delay marriage or refuse to marry and have children. As a result, the Chinese regime fears the most significant economic slowdown in decades.
Recent statistics show that China’s marriage rate has dropped to an all-time low, and China’s fertility rate is almost the lowest in the world. As a result, only 7.6 million newlyweds registered for marriage in China in 2021. It is the lowest number since 1985.
In addition, the number of marriages per 1,000 people in China also fell to an all-time low of 5.4. as young Chinese delay marriage.
The Chinese regime’s birth rate reduction policies make fertility low. The one-child policy began in 1980 and ended in 2016. Now the regime has to encourage people to get married and have children. However, it doesn’t pay attention to people’s livelihood, causing the birth rate to decrease.
According to demographers, China’s “zero-COVID” policy makes people feel they have lost control of their personal lives and have no intention of procreating. The hashtag “We are the last generation” went viral on Chinese social media during the lockdown.
Yuwa’s Population Research survey said China’s fertility rate is almost the lowest in the world. The fundamental reason is that China’s fertility cost is nearly the highest in the world.
The younger generation of China believes that with China’s current welfare conditions, having children will bring a tremendous financial burden.
Cheng, a woman from Shenzhen, said that since her son was six months old, she spent over $1100 (8,000 yuan) monthly to send him to a private nursery. She added that it was costly and wouldn’t be affordable if she had two children of similar ages.
Even in rural China, many people find raising a child on the average local income challenging.
In big cities, it is tough to find a babysitter. The cost of hiring a babysitter is also prohibitive.
The head of a domestic employment agency in Guangzhou said that a child under six needs $856 to $998 (6,000 to 7000 yuan) to raise. A baby under three needs at least $1100.
According to the Shanghai Academy of Social Sciences, raising a child from birth to junior high in the affluent part of Shanghai costs an average of $114,000 (800,000 yuan).
For decades, China has relied on its large working-age population to fuel economic growth. Nowadays, the Chinese regime fears the most significant economic slowdown in decades due to young people refusing to marry and have children.