China Got Its Economy Growing Again, but a Shortfall in Babies Will Be Harder to Fix
China may have blunted the pandemic’s impact on its economy, but a shortfall in babies is clouding its growth horizon.
In the short term, the Chinese economy looks comparatively strong –helped by its quick stamping out of the virus’s spread and heavy state investment–and some economists earlier this year predicted that China could overtake the U.S. as the world’s largest economy by 2028, years earlier than expected.
But the world’s most populous country is losing when it comes to demographics. Ahead of the results of China’s once-a-decade census, there have been several indications that fewer babies were born in the country in 2020 than in any year since 1961, when China suffered mass starvation.
The content below was translated by Tencent automatically for reference.
SMM Network News: recently, Jiangxin Micro Motor Technology Co., Ltd. (hereinafter referred to as Jiangxin Micro Motor ) the latest information shows that the company s miniature closed-loop voice coil motor (hereinafter referred to as motor ) through technical optimization, the consistency and reliability of various functional indicators of the product have been greatly improved, and the stage meets the conditions for entering small batch trial production. the motors we produce can achieve the advantages of intuitive and real mobile phone video images, convenient transmission and practical stereoscopy. the technical level has reached the international leading level, and the market share has increased from 2% to about 5%. Cai Ruilin, technical director of Jiangxin Micro Motor, said that it has changed the current situation that domestic VCM suppliers are monopolized by international mainstream manufacturers