The raise of retirement age caused a lot of disputes in China. The government wants to raise retirement age, which is opposed by most people. ANBOUND research team believes that the raise of retirement age has something to do with the pressure on pension fund. But the labor force shortage is also an important reason. With aging population and disappearing demographic dividend, the lack of labor force will deteriorate. In a few years, the labor force problem will deteriorate. By that time, the lack of labor force will be a more serious problem than unemployment in China.