Economists say ending family planning policy will boost development

Thirty-two well-known scholars Tuesday published a proposal online calling for the end of the current one-child family planning policy suggesting it is a roadblock to the country's sustainable development.

The proposal, initiated by the eminent economists Liang Jianzhang, Mao Yushi, Mu Guangzong and Yi Fuxian, was co-signed by 28 other professors.

The proposal warns of the possible consequences of an aging society and declining labor force brought by the current policy. It points out that China's population will peak of 1.35 billion in 2017 and then start to drop sharply,raising concerns about a shrinking domestic market.

Liang, who is an economics professor from Peking University, posted the proposal, which mainly focuses on the economic cost of the policy, on his Sina Weibo Tuesday,

The proposal discusses the policy's impact on China's social structure and the decline of the traditional family support network. It points out that many couples who are both single children may be burdened with caring for six family members. "They are deprived of the support of siblings," the proposal reads.

We Recommend:
Cheongsam inspired by women's secret language	Outrage as little girls don bikinis at auto show	Body painting show attracts public's view
Sexy models and fancy cars rock auto show	'Gangnam style' life of young rich in China	China through the lens of Japanese photographer
91 Siberian tiger cubs born in Harbin	What are 20 richest cities in China	Pets cultural festival kicks off in Hangzhou