AI Data Insight
China's economically active population in the fourth quarter of 2024 dropped to 766.57 million, a decrease of 5.59 million from the same period last year, continuing the long-term downward trend since the 2015 peak. With the dual effects of population aging and declining birth rates, the "gray rhino" risk of a shrinking labor force is approaching. The market is paying close attention to how China will transition from a "demographic dividend" to a "talent dividend."