Aging China China already stepped into an aging society Aging population continues to grow, causing some problems In 2000, the Chinese population aged 65+ has reached 88.11 • The proportion of endowment insurance fund to GDP is increasing, million, accounting for 6.96%. According to international and the burden of pension expenditure is increasing. standards, China has stepped into an Aging Society. • The decrease of the labor population and the increase of human cost have caused the transfer of manufacturing activities to cheaper overseas markets. Source: National Bureau of Statistics of the People's Republic of China