Beijing to become super-aged city by 2035
Reports expect Beijing to become a super-aged city by 2035, with seniors (aged 60 and above) projected to make up one-third of the population. There are currently 5.29 million residents in this age group, accounting for about a quarter of the city's total population. Amid declining birth rates and increasing numbers of seniors, the government continues to intensify support for the elderly by increasing basic pensions, with an estimated cost of approximately $26.92 billion to boost birth rates. This shift presents significant challenges for economic and fiscal policies, especially as hundreds of millions of people exit the workforce, placing greater strain on pension systems.
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