China Urged to Drop Family Planning Controls, Reform Pension System to Combat Aging Society

China should scrap all restrictions on family planning, overhaul its pension system and boost productivity in order to cope with the problems of an aging society and declining labor force, a government think-tank has urged in a new report.

The falling birthrate and shrinking workforce will make it increasingly difficult for the economy to support the rapid growth in the number of elderly, the China Development Research Foundation, an organization affiliated with the State Council's Development Research Center, wrote in a report released on June 11.