A spate of suicides in Foxconn and employee strikes in Honda Company's plants in China have spurred a major change in "the world's factory", as foreign and domestic enterprises prepare for hefty pay rises in the coming years, a national daily reported on Thursday.
The population is important and so is the talent, he said about China, the world's second-largest economy after the United States.
China's population in 2022 -- 1.4118 billion -- fell by 850,000 from 2021, the National Bureau of Statistics (NBS) said.
The decision to permit the third child came after this month's once-in-a-decade census showed that China's population grew at the slowest pace to 1.412 billion amid official projections that the decline may begin as early as next year.
China's birth rate has been in decline since 2017, despite easing of the 'one-child policy' in order to avert an incoming demographic crisis.
Despite the relaxation of the one-child policy in 2016, the number of live births per 1,000 people fell to a record low of 10.48 in 2019, down from 10.94 in 2018.
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