The Cause and Effects of Population Ageing in Hong Kong
Mathematics Project
5D 04 Chan Li Ci 陳莉絲 *
5D 11 Fan Wing Ting 范潁婷
5D 18 Lam Cheuk Yiu 林卓瑤
5D 23 Lui Cheuk Yan 雷卓忻
5D 30 Tse Fung Wai 謝豐蔚
5D 33 Wong Lai Yung 黃麗榕
January 2014
*Group Leader
Contents
Introduction 3
Population ageing 4
Inference of population aging 7
Solutions for the Population Ageing in Hong Kong 10
Conclusion 11
Distribution of work 12
Reference 13
Introduction
In the past, Hong Kong was just a fishing village with several thousand people; in the 21st century, she has already developed into an international financial center with a population of seven million. Along with the sharp rise, Hong Kong is facing challenges regarding population, such as population ageing, drop of birth rate and labor force. ‘Seven million’ is not only a number, but also a figure showing sustainable development, competitive advantage, labor resources and quality of life in Hong Kong. All of these are related to our future.
It is deduced that there will be one elderly, which is 65 years old or above, within three local people in 2041. While coming up against this predictable pension burden and pressure, how we could prepare for the future ageing society? Hence, in the report, we are going to take a more in-depth look on the above issue. First, we will analyze the cause of ageing in Hong Kong. Next, its possible effects will be discussed. Finally, some suggestions will be given to solve the problem.
Population ageing
The definition of population ageing is the average age of population rise.
There are many reasons lead to population ageing including: medical, education, migration, and birth rate.
Population Pyramids for mid-2001 and mid-2031
Source: Report of the Task Force on Population Policy
From the “Report of the Task Force on Population Policy” dated 26th February, 2003. The rate of birth of 2001 and the projected rate of birth of 2031 are the same.