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Taiwan's population expected to decline in 2020

(Xinhua)    09:04, August 24, 2020

TAIPEI, Aug. 23 (Xinhua) -- Taiwan's total population may decline in 2020 due to a falling birth rate, two years earlier than a previous forecast, according to the island's development planning department.

The number of newborns is very much likely to be fewer than that of the deceased this year, leading to a natural decline of the population, the department said in a report published earlier this week.

The island may become a super-aged society by 2025, meaning that one in five citizens will be aged over 65, one year earlier than the previous estimate, the report added.

The earlier arrival of a super-aged society and population decline will pose serious challenges to Taiwan's labor force, taxation, and pension system.

The island has been gearing up to tackle the changes in population with a variety of approaches, including boosting the country's fertility rate, strengthening the labor force structure, and improving care for senior citizens, the department said.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Wen Ying, Liang Jun)

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