Last year, China was surpassed by India as the world’s most populous country.
And while some women stop working entirely while raising their children, it makes returning to the workforce incredibly difficult.
Women who have children may see a 12% to 17% drop in their wages, the report said, citing research from multiple papers.
“Because the current social environment in China is not conducive to women’s childbirth, the time cost and opportunity cost for women to have children are too high,” the report said.
The report warned that the falling birthrate could deeply impact economic growth, people’s overall happiness and China’s global standing.
Persons:
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Organizations:
Hong Kong CNN, Research Institute, Communist, Beijing
Locations:
Hong Kong, China, South Korea, Australia, France, United States, Japan, Communist China, India