The impact of an aging population on the labor supply in china

In order to shed lights on the impact of an aging population on the labor market in China,this paper examines labor participation rates,rural-urban migration and human resources.It is found that,labor participation rates of certain age groups are relatively low.The labor supply in the agriculture sector seems to be abundant;however,population in rural areas,which is particularly aging,cannot sustain a large flow of city-ward migration.Given the educational development in China,youngsters' educational level and human capital have significantly improved.Consequently,population aging will negatively affect the supply of labor in the future;nonetheless,it will not bring sudden and catastrophic shocks in a short period.