the mere mention of China causes both fear and anxiety in the mainstream media.
With the world’s largest GDP, China is indisputably a close contender for the title of the greatest economic superpower of the world along with the United States.
But what makes this possible in the first place? The country’s economic influence arguably coming from its human capital: a population of 1,400 million.
According to graphic Visual Capitalist, each of 33 distinct regions of China has a population size on par with whole countries: Click to enlarge mention that Taiwan is also considered as one of the provinces of China, while there is some ambiguity and disagreement over the political status of Taiwan.
However, it is clear that each region, and especially the massive cities with them, they are substantial contributors to the growth and success of the country.
It is estimated that by 2050, nearly four of every ten people in China will be above age 60, which will create additional pressure on the population of working age is already declining.
The good news for China? The country is taking steps to combat the challenges ahead, including ambitious plans to build an industry of artificial intelligence from $1 trillion to 2030, an attempt to close the impending labor gap.
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