The Impact of the Demographic Dividend on the Economy

Abstract

Demographic dividend means abundant labor supply, huge potential domestic consumption market and abundant financial support for a country's economic development. However, with the passage of time, the demographic dividend will continue to change. This paper takes China as an example to study the impact of demographic dividend changes on economic development. At present, China is gradually entering an aging society, and the window period for the release of the demographic dividend has begun to close, which means that the benefits brought by the demographic dividend to China's economic development are gradually disappearing. This paper attempts to study the relationship between the demographic dividend and economic development, and provide relevant policy suggestions through the research, so as to provide specific policy suggestions for extending the demographic dividend and promoting the positive impact of the demographic dividend on economic development.