China endured a record slump in marriage registrations in 2022 and the country’s economic slowdown is having a major impact on both marriages and births.

China’s fertility rate is one of the world’s lowest, and official data on Wednesday is expected to show that the population fell for a second consecutive year, renewing concerns about the demographic decline.

 

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Victor Li is determined to get married soon, but like many other young Chinese grappling with an uncertain economic outlook, the well-heeled Shanghai entrepreneur isn’t sure he can afford to.

“It’s very expensive for us to get married, especially in a big city like Shanghai,” the 32-year-old said, as he took a break from a ticketed networking event for wealthier, top university-educated singles at an upmarket Shanghai jazz bar.

“In terms of financial ability, it actually puts a lot of pressure on young people, including me.”

 

Young people giving up on marriage amid work uncertainty

As the world’s second biggest economy slows, an increasing number of people are opting to stay single due to poor job prospects amid record youth unemployment and chronically low consumer confidence, leading to a big fall in marriage registrations in 2022.

This reluctance to tie the knot is worrying policymakers grappling with a decline in births and a rapidly aging population in a country that was once the world’s most populous, and where marriage rates are closely tied to birth rates as unmarried mothers are often denied child-raising benefits.

Last year, President Xi Jinping said it was necessary to “actively cultivate a new culture of marriage and child-rearing” to foster national development.

Local governments have also announced various measures to encourage new families, including tax deductions and housing subsidies, as well as cash ‘rewards’ for marriages if the bride is aged 25 or younger.

Julia Meng, whose company “Julia’s Events” organised the Shanghai singles event, said an increasing number of people aged 35 and older had effectively “given up” on marriage.

Younger Chinese, like event attendee Jack Jiang, say they want to get married, but high housing prices, uncertain job prospects and the general economic situation isn’t helping.

“It’s not that we want to be single, it’s the urban structure, economic situation that have led to this result,” the 32-year-old entrepreneur said.

 

  • Reuters with additional editing by Jim Pollard

 

ALSO SEE:

 

Country Garden Warns of ‘Severe’ Tests in China Property Market

 

China’s Deflation And Weak Economy Point to Another Bumpy Year

 

Covid Deaths Likely Caused China’s Population to Fall Again

 

China Stops Publishing Youth Jobless Data Amid Record Numbers

 

Weak Demand Pushes China Into Possible Year-Long Deflation

 

Biden Likens China to ‘Ticking Time Bomb’ Due to Economic Woes

 

China Parents Paying Jobless Offspring to be Children – Fortune

 

China’s Graduates Face Worst Job Crisis in Generations – SCMP

 

 

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years.


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