![Unveiling China’s Demographic Shift: Understanding the Data Behind the Population Decline Population](https://markettechguru.com/wp-content/uploads/2024/01/sitting-people-watching-football-public-place-night-scaled.jpg)
Unveiling China’s Demographic Shift: Understanding the Data Behind the Population Decline
China, once projected to maintain its population peak until 2029, is now facing an unprecedented decline, marking the second consecutive year of a shrinking population. The National Bureau of Statistics of China (NBS) recently disclosed that in 2023, the country’s population reached 1,409.7 million, witnessing a significant drop of 2.08 million from the previous year….