China's "Demographic Dividend" and the Transformation of Foreign Direct Investment

Since the reform and opening up, China has made full use of the advantages of the demographic dividend in the process of demographic transition, and achieved rapid economic development. However, since 2012, China's demographic dividend has gradually disappeared, and the attraction of foreign direct investment in labor-intensive industries has greatly decreased. In addition, the industrial structure is unreasonable, and the gap of regional development is widening. A series of problems have followed in the process of changing the age structure of the population.