Julia Meng News Today

World News - SHANGHAI – Mr Victor Li is determined to get married soon, but like many other young Chinese grappling with an uncertain economic outlook, the well-heeled Shanghai entrepreneur is not sure he can afford to. “It’s very expensive for us to get married, especially... Read more at www.tnp.sg

China News: As China's economy slows down, more and more people are choosing to remain single due to poor job prospects, high youth unemployment, and low consumer

China's fertility rate is currently one of the world's lowest

Victor Li is determined to get married soon, but like many other young Chinese grappling with an uncertain economic outlook, the well-heeled...

As the second-largest global economy experiences a deceleration, a growing number of individuals are choosing to remain unmarried. This decision is driven by limited job opportunities in the face of high youth unemployment and persistently low consumer confidence. Consequently, there has been a notable decline in marriage registrations, reaching a record low in 2022.

Seventy per cent of surveyed workers said they prioritised upskilling opportunities over pay when looking for a new job, while the same portion said they wished their current bosses offered more training.