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Li, Fanglei: Communist one-child policy causing labor shortages
Date: 1/1/2014 2:33:12 PM Sender: Li, Fanglei
Li, Fanglei: Communist one-child policy causing labor shortages

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李方磊(Li, Fanglei)
CPC to impose family planning policy for many years, has begun to show serious social consequences, in addition to an aging population imbalance between men and women outside the labor shortage created a greater impact.
At present, China has a long-term fertility rate below the population replacement level, a sharp decline in the labor force, resulting in labor costs continue to rise, China's competitive advantage is lost to the surrounding countries, because labor costs in these countries more affordable.
Although the central authorities have to consider the abolition of restrictions encourage fertility, family planning, but it seems difficult to end the short-term, because the continent is the local government family planning policy vested interest groups, local officials have already fined violation of family planning as a way of making money.
As long as someone is violating family planning policy, even if it just does not get ahead of birth certificate may also be punished by heavy fines.
In order to cope with labor shortages, the CPC is now ready to propose to extend the retirement age citizens program, in order to maximize the use of the existing workforce.
But if you do not carry out the necessary reforms, the abolition of the family planning policy, relying solely on the delay retirement age, does not really solve the problem of labor shortage in the aging society, China's economic development is bound to encounter a lot of trouble.

Li, Fanglei
January 1, 2014


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