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Why Chinese Marriages Declined by One-Fifth in 2022
In China, there was a significant drop in marriages last year (2021). According to the data released by the National Bureau of Statistics, the number of marriages declined by 10% compared to 2020. The latest statistics on marriage trends from China's National Bureau of Statistics indicate that the decline has continued into 2022.
The number of marriages fell by a staggering one-fifth (20%) in 2022. As a result, there were only 9.28 million marriages recorded last year compared to the 11.45 million marriages registered in 2019. This precipitous drop is causing concern among experts and policymakers who fear that it could have severe social and economic implications.
The causes behind this decline are not entirely clear. However, several factors have been identified as potential contributors. One major factor is China's ongoing demographic transition characterized by a rapidly aging population and low fertility rates.
As the number of young adults in China continues to shrink, there will likely be fewer people getting married and having families. The increasing cost of living and housing prices may also make it more challenging for young people to start their own households, contributing to the decline in marriages.
Policymakers are concerned about this trend's potential effects on society and the economy. Marriages are an important institution that plays a vital role in maintaining social stability. In addition, marriage is a crucial driver of economic growth because married couples tend to have more children who contribute to society by working and paying taxes.
If you're interested in learning more about how this could affect China's future, please get in touch with me.
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