Overview
- Official 2025 data from the National Bureau of Statistics show 7.92 million births and 11.31 million deaths, a net population drop of 3.39 million to about 1.405 billion.
- The birth rate fell to 5.63 per 1,000 people, confirming that a slight uptick in 2024 was not a sustained reversal of a decline that began in 2016.
- Beijing has expanded pronatalist policies, including a national childcare subsidy of about 3,600 yuan per child under three, waived public kindergarten fees, and a pledge to fully reimburse pregnancy and IVF costs in 2026.
- From January 1, contraceptives lost their VAT exemption and are now taxed at 13%, while marriage registration was liberalized in 2025; marriages fell over 20% in 2024 but saw an 8.5% uptick through the first three quarters of 2025.
- China’s population is rapidly aging, with roughly 23% over 60 and projections of more than 400 million by 2035, raising pressure on pensions, healthcare, and the labor force.