China's Demographic Challenges and Economic Growth

China's rapid economic growth over the past few decades is largely attributed to its current demographic profile, where a significant portion of the population consists of individuals in their 20s to 40s. This demographic has allowed for a strong focus on industrial production and consumption, driving GDP growth. However, this growth is on borrowed time, as the population ages, leading to a scenario where the workforce will dwindle and economic activity will decline without a new generation to sustain it. With current birth rates being lower than in past decades and a lack of retirees to contribute to a balanced demographic structure, China's economic model is facing a crucial turning point that could hinder future growth if automation and market access are not sufficiently developed in time.