China’s labour resources may keep growing until at least 2040, and many retirees are still capable of working – if utilised, they could help offset pressure from an ageing population
Civil service positions have been increasingly sought after in recent years, particularly among fresh Chinese graduates who are facing fewer opportunities, rising living costs and mounting uncertainties.
The State Council’s decision is the latest move by Beijing to cope with a population crisis fuelled by the nation’s falling birth rate, rapidly greying population and dwindling workforce.