Comments by "Peter Jacobsen" (@pjacobsen1000) on "China’s wedding plunge worries industry" video.
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@wl6020 Ok, fair point. The Chinese Bureau of Statistics conducts a census every 10 years, last one in 2020. If you look at the census results, which you can find on Bureau of Statistics website, you can see how many women were born each year.
We also know from The Chinese Bureau of Statistics that the average age of marriage for women in China is around 26/27.
Based on this information, we can easily find out how many women can get married over the next 20+ years.
The number of women reaching the age of 26 will decline to its lowest in 2029, when only around 6.2 million women will turn 26. After that, the number of women increases (again, based on census results) until it will reach a peak in 2038, with 9 million women reaching age 26. Those 9 million women are currently 11 years old and have been counted in the last census.
After 2038, the number of women will decline rapidly over the next several years until 2046, when only 5.8 million women reach age 26. After that, the census can no longer help us, but The Chinese Bureau of Statistics does sample censuses every year, counting about 1% of the population. Based on that info, we can estimate that by 2048, there will only be around 4.5 million women reaching age 26.
I hope this clears up any questions.
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