As we've just talked about, low birth rate is also partly to blame for the rapidly aging society. And the CPC has announced China will raise the retirement age to fill the gap between shrinking labor force and ageing population.
Now let's turn back to our studio guest, Wei Nanzhi from Chinese Academy of Social Sciences.
Q1. In the new reform blueprint, the document released by the CPC Central Committee says it's studying how to gradually raise the retirement age. Some say that by postponing workers' retirement alone China could solve the problem of it's shrinking workforce. What do you think? What else should be done?