Overview
- The National Bureau of Statistics reported 7.92 million births in 2025, a rate of 5.63 per 1,000 people and a 17% drop from 2024.
- Deaths reached 11.31 million, reducing the population by about 3.39 million to 1.4049 billion.
- Beijing rolled out cash payments for young children, waived public kindergarten fees, expanded pregnancy and IVF reimbursements, and applied a 13% VAT to contraceptives.
- Experts point to high child‑rearing costs, career penalties for women, urbanisation and declining marriage rates as primary drags on fertility, with estimates placing total fertility near 1.
- Rapid ageing is tightening fiscal and labour pressures, with roughly 23% over age 60 and projections above 400 million by 2035, while 2025 GDP met the 5% target largely on the strength of exports.