The Impact of Population Ageing on Regional Economies: The Case of Chengdu

The phenomenon of population ageing poses a substantial practical challenge for Chengdu, primarily due to the incongruity between the citys ageing demographic structure and its prevailing socioeconomic system. The examination of the relationship between population ageing and regional economic development is of considerable practical significance. The present study analyses the current status and characteristics of Chengdus ageing population based on data from the citys Seventh National Population Census. The study employs a grey relational analysis model to empirically investigate the impact of population aging on Chengdus economy. The findings of the study indicate that population ageing is the most significant factor impeding labour supply in Chengdu. It is therefore recommended that Chengdu proactively prevent and mitigate labor shortages by vigorously developing the silver economy, promoting re-employment among the elderly, and actively improving various social security systems. The implementation of these measures is expected to mitigate the adverse economic ramifications of population ageing, thereby promoting healthy economic development in Chengdu.