Pensions instead of support for families. "Silver economy" in China

China's aging population is increasing, with 223 million people over 65, representing nearly 16% of the population. The government is counting households to address demographic changes, which may strain pension and healthcare systems. Experts warn that this shift could hinder economic growth and purchasing power due to a shrinking workforce. The aging trend is partly attributed to the one-child policy and rapid urbanization, leading to fewer young people to support the elderly. Despite efforts to encourage marriage and childbirth, birth rates remain at record lows, influenced by rising living costs.