Proceedings of the 2023 International Conference on Economic Management,Financial Innovation and Public Service (EMFIPS 2023)

Opportunities and Risks in the Era of Population Aging

Authors
Weiwei Li1, *
1Mianyang Middle School Experimental School, Mianyang, 621000, China
*Corresponding author. Email: 2641862060@qq.com
Corresponding Author
Weiwei Li
Available Online 21 June 2024.
DOI
10.2991/978-94-6463-441-9_34How to use a DOI?
Keywords
population aging; risk; opportunity; policy recommendations
Abstract

At present, the degree of Chinese population aging is further deepened, which has a huge impact on individuals, families and society. This paper discusses the influence of population aging on economy, society and family from the aspects of industrial structure adjustment, family anti-risk ability decline and change of savings and investment mode. Through analysis, it is found that population aging will decrease the number of labour force and change people’s demand for different products, thus promoting the industrial structural adjustment. For families, the increase in the overall dependency ratio increases the family burden, reduces the family’s ability to resist risks, and further affects social stability. In addition, the elderly population tends to save, but the young labor force will reduce savings due to the heavy economic burden, and the social savings structure will change greatly. In general, the aging of the population brings opportunities and challenges. China should improve the old-age insurance expenditure system as soon as possible, introduce welfare subsidy policies, improve education levels, and inject new vitality into economic development.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 International Conference on Economic Management,Financial Innovation and Public Service (EMFIPS 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
21 June 2024
ISBN
978-94-6463-441-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-441-9_34How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Weiwei Li
PY  - 2024
DA  - 2024/06/21
TI  - Opportunities and Risks in the Era of Population Aging
BT  - Proceedings of the 2023 International Conference on Economic Management,Financial Innovation and Public Service (EMFIPS 2023)
PB  - Atlantis Press
SP  - 374
EP  - 381
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-441-9_34
DO  - 10.2991/978-94-6463-441-9_34
ID  - Li2024
ER  -