end of 2017, accounting for about 16 percent of the population, ac
cording to the National Bureau of Statistics. Marriage registrations have fallen every year
since 2014, while the divorce rate has risen for 16 consecutive years, according to the Ministry of Civil Affairs.
Dining, traveling and pursuing activities individually have also become increasingly popular with singles in China.
Tang Chuan, a researcher with Sinolink Securities, said that without family burdens, singles
seem to be less inclined to save money, and their willingness to spend offers great potential for boosting the economy.
Sinolink Securities conducted research on singles born from 1985 to 1995 and found that about 40 percent of those in first- an
d second-tier cities live from paycheck to paycheck, while in lower-tier cities, the proportion is as high as 76 percent.