yup - that's China's #1 problem IMHO. This is exactly why literally less than 6 months ago they implemented a three-child policy in order to incentivize more population growth with family planning, the elimination of private tutoring, etc. in an effort to drastically reduce the cost to raise a child.

China has a lot of issues, one being a questionable government for those who are not Han, but China's existential issue is making sure the population of (young) people remains high and growing steadily.