China's Shrinking Workforce Affects Economic Transition, Expert Says

(Beijing) — China's labor force is expected to drop to 906 million workers in 2016, pushing up labor costs and prompting firms to relocate outside the mainland, a leading demographer said.

The country's working-age population between the ages of 16 and 59 has declined for three straight years since 2012, said Zeng Xiangquan, head of the China Institute for Employment Research at Renmin University, at a seminar on Saturday.