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Updated · Bloomberg · May 10China's marriage registrations fall to record low in first quarter
11 articles · Updated · Bloomberg · May 10
- Ministry of Civil Affairs data showed 1.697 million couples registered through March, 6.2% fewer than a year earlier.
- The decline highlights persistent weakness in new household formation despite the quarter including China's peak wedding season.
- Registrations also fell below pandemic-era first-quarter levels, when marriages still exceeded 2 million couples.
Can Beijing's cash handouts fix the economic despair stopping young Chinese from getting married and having children? Will China's demographic crisis ultimately derail its ambition to achieve global economic and technological dominance?