Final answer:
The Chinese population is shifting towards an aging society, with the segment of the population over 65 expected to grow significantly. This demographic change will lead to a higher dependency ratio and could negatively impact China's economic growth and standard of living.
Step-by-step explanation:
Based upon the age structure diagram, we can expect the Chinese population to experience significant demographic shifts, leading towards an aging society. Currently, a substantial segment of China's population is within the 25-54 age range, suggesting a strong workforce.
However, the data reflects a decrease in the younger population (ages 0-14) and an increase in the elderly population (ages 65 and over). As the elderly population is set to increase dramatically, we anticipate that by 2050, nearly one-third of the Chinese population will be over sixty years old.
This demographic trend will likely result in a higher dependency ratio, where fewer individuals in the labor force will be supporting a growing number of non-working citizens. Consequently, these changes could put a substantial burden on the active labor force, impacting economic growth and possibly reducing the standard of living for both the young and the old.