The Sdudy Of Chinese Population Dividend On The Low Fetile Level

Since China implemented family planning, the demographic transition has been realized for the two low on the both sides, while high in the middle, which means that the total population has a high proportion of labor force, children and the elderly has a lower proportion. This was described as the demographic dividend by many scholars. China has rich labor resources, and structurally the young labor force is very rich, which provides a good support for the transfer of labor for the development of labor-intensive industries in China, with the continuous development of market economy. It made a tremendous contribution for the rapid economic growthing China. The advantage of this structure is called by some scholars as the first demographic dividend. Aging and the labor shortage problem began to highlight, some scholars believe that the end of the demographic dividend will lead to China’s economic growth rate slow down. How much is the impact of the demographic dividend on the economic development o the end, as well as how to understand the concept of demographic dividend these questions are needed to further explore.However, if we continue to get to the bottom, we would have found that demographic factor is not just a simple advantage of the demographic structure that has contributed to economic growth. The continuous improvement of the quality of the population and the enhancement of human capital not only in the past but also in the future is more important on the other demographic factors. It is classified as the second demographic dividend. In the past decades, China’s economy has got rapid development, but has not paid enough attention to this important factor. However, with China’s continuing low birth rate, labor supply will reduce and the aging of the population will become more apparent, it will be undoubtedly a huge challenge for China who has not yet entered the level of moderately developed countries."Land is the mother of fortune; labor is the father of wealth." This famous saying was quoted from Classical economists Mill today still has a very important significance for we understand the rapid growth of China’s economy. Demographic dividend is fundamentally embodied in the creative labor, and this is the source of wealth. But as China’s population changes, the population structure and quality are also in the occurrence of enormous change, how to solve the problem between the population and economic sustainable development? It is not only the requirement of the scientific development concept, and also our historical mission that the era have entrusted to us.This structure is divided into the following several parts:The first part mainly introduces the background and significance of the subject, including the ideas and frameworks of this paper.The second part is the literature review; this paper introduces the concepts of population bonus, definition, and demographic dividend metrics, demographic dividend index determination, and demographic dividend economic influence and related research prospect.The third part of the paper is the analysis of China’s demographic dividend and economic growth theory. The demographic dividend is decomposed into two demographic dividends-the first demographic dividend and the second demographic dividend, highlighting the second demographic dividend. Next, is the analysis of the demographic dividend in the promotion of economic growth. Finally, analyze what factors impede the maximization of China’s demographic dividend.Part Ⅳ then focuses on the relations between China’s demographic dividend and sustainable economic development. Answer the question that the demographic dividend in the end can continue how long. A key issue which is difficult to avoid is the Interrelation between labor supply, the demographic dividend, the Lewis turning point, and economic growth.The fifth section discusses the aging demographic dividend. On the one hand the challenge of aging is becoming bigger, on the other hand, the second demographic dividend in the context of aging still exists, and this paper analyzes its origin.The sixth part of the article is the review and the outlook for the future. Give policy suggestions for the development the second demographic dividend to promote sustainable economic and social development.The main contribution of this paper is that it has a further expansion of the demographic dividend, especially the second demographic dividend, combined with the development of economics and human capital theory. And also deepen the connotation of the concept embodied in:1,An interpretation of the concept of the two demographic dividend and the contact with difference. Two dividends are included in the framework of development economics, analysis of its contribution to economic growth.2,Having a deeper understanding and integration of the second demographic dividend into the development economics in the analysis of population and economic growth, making a new understanding of population economics of China’s future economic development.