China's elderly population exceeds children for first time

• China's old-age dependency ratio is now 23.1%, surpassing the child dependency ratio of 22%.
• This demographic shift marks the first time the elderly population has exceeded children under 15.
• The change adds pressure to China's economy as it faces a growing elderly population.
• The old-age dependency ratio measures the number of people 65 and older as a share of the working-age population.
• This milestone reflects a significant demographic change in China.