Key facts
- China was historically a major source of migrant labor.
- Demographic decline may force China to import workers.
- China has substantial youth unemployment.
- The country is investing in industrial automation.
For decades, China was a primary source of migrant labor, with its workforce contributing to factories and infrastructure projects globally. However, a potential demographic shift could lead to a significant reversal, compelling China to consider importing labor on a large scale. This change is not expected in the immediate future, as China still possesses a large labor force and faces considerable youth unemployment. The nation is actively investing in industrial automation and progressively raising the retirement age.