China eases limits on births as labour shortage looms

China has implemented one-child policy over long period due to its large base of population. However, in recent years, the death rate of population has grown more than the growth rate of population. The problem of increasing population aging posed a threat to the labour force. facing this situation, Chinese government allows couples to have a second child if one spouse is an only child. It remains a debated problem in China for a long time.

There is an old saying goes like that labour is the first productive. Many people thought that China, as a populous country, never lacks labour. The reality is that China is  trapped into the shortage of labour force due to these two reasons: labour migration and population aging. Companies manufacturing in China have already seen their profits diminish as the supply of labour tights. From 2010 to 2030, China’s labour force is expected to lose 67 million workers( more than the entire population of France). In a word, the abolition of one-child policy will effectively eases the labour shortage.

Article:http://cn.wsj.com/gb/20131118/bch111913.asp

Picture:http://offbeatchina.com/are-you-a-survivor-of-chinas-one-child-policy

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