Ctrip's Liang on China's Demographic Challenges

The video discusses the long-term demographic impact of China's past policy errors, particularly the one-child policy, on innovation and economic growth. It highlights the need for policy improvements, including pro-fertility measures, to address low fertility rates. The role of automation in offsetting routine job challenges is explored, while emphasizing the importance of human input in innovation. The potential of immigration as a solution to China's aging population is also considered, though its impact may be limited compared to smaller countries.

Discuss the significance of having a large consumer market for innovation in China.

What role does immigration play in mitigating China's aging population problem?