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Many young couples in China are shunning government handouts and incentives to live a life unburdened by children, and the falling birth rate has economic implicationsPopulation researcher also points to declining marriage rate as evidence ‘China will very likely see its low fertility rate remain low in the coming decades’
MSCI’s broadest index of Asia-Pacific shares outside Japan was flat, while markets in Singapore, India and Malaysia are closed for holidays. Chinese blue chips slid 0.3% and Hong Kong’s Hang Seng index fell 0.7%.
The number of marriage registrations in China in the first quarter of this year reached 2.147 million, and the number of divorce registrations was 641,000, an increase of 40,000 and 127,000, respectively, compared with the first quarter of 2022, according to data released on the official website of the Ministry of Civil Affairs.
Statistics show that the average age of first marriage in Northeast China s Heilongjiang Province reached 31.48 and Liaoning Province at 29.79, ranking the first and second among the 17 provinces and regions that have released their census yearbook recently, according to media reports.