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<strong>More and more Chinese citizens are opting to remain single and not go in for marriage amid rising job uncertainties and cost of living. This is a cause for worry at a time, when China is battling slowing birth rates. Though Beijing has come out with a host of incentives for couples to have more than two children, the fall in marriage rate has added to the problem. A total of 7.63 million marriages were registered in 2021. This is the lowest since 1986 &ndash;the year when the official records on marriages started. In 202, there were more than 8.13 million marriages.</strong></p>
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Marriage rate peaked in 2013 when 13.46 million marriages took place.</p>
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According to <a href="https://www.nytimes.com/2022/03/23/business/china-divorce-marriage.html">the New York Times</a>, the fall in marriages has contributed to a plummet in birthrates, a worrying sign in China&rsquo;s rapidly graying society and a phenomenon more familiar in countries like Japan and South Korea. &ldquo;Many young Chinese people say they would prefer not to get married, as a job becomes harder to find, competition more fierce and the cost of living less manageable,&rdquo; the news organisation said.</p>
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Despite a fall in marriage rate, divorce rates have increased in the country.</p>
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<strong>Also read: <a href="https://www.indianarrative.com/economy-news/lockdown-in-several-cities-in-china-set-to-further-disrupt-global-supply-chain-network-157516.html">Lockdown in several cities in China set to further disrupt global supply chain network</a></strong></p>
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In fact, the problem acquired such a scale that last year the government introduced a new rule which mandated unhappy marriages unhappy couples opting for divorce to undergo a 30-day &ldquo;cooling off&rdquo; period before finalizing it. While this has helped in reducing the divorce rate in the country&mdash;officials hailed this measure as a success&mdash;the fact is that number of marriages have been falling.</p>
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A growing population would mean slowing consumption.</p>
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The International Monetary Fund noted that an aging population and slower expansion in the labour force affect economies in many ways&mdash;&quot;the growth of GDP slows, working-age people pay more to support the elderly, and public budgets strain under the burden of the higher total cost of health and retirement programs for old people.&rdquo;</p>
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&ldquo;China&rsquo;s social problems are worrying the authorities. Many Chinese millennials who are graduates refuse to go in for marriages, many married couples refuse to have children&mdash;this is a real problem for China as this can seriously lead to economic issues in just a few years,&rdquo; BR Deepak expert on China and Professor at Jawaharlal Nehru University (JNU) told India Narrative.</p>
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Analysts said that while economic issues are relatively easier to resolve, such social issues may not have easy solutions. &ldquo;These need mindset change, for example marriages cannot happen by force,&rdquo; one of them added. &nbsp;</p>
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