China announces a slew of sops to have more children
The Morning Standard|October 30, 2024
CHINA has announced a slew of policies, including a childbirth subsidy system and tax cuts for parents, aimed at motivating couples to have more children to halt the falling birth-rates in order to deal with the looming demographic crisis.

A directive issued by the State Council or the central cabinet on Monday outlined 13 targeted measures designed to enhance childbirth support services; expand childcare systems; strengthen support in education, housing and employment, and cultivate a birth-friendly social atmosphere.

The falling birth rates resulted in China losing the most populous nation in the world to India last year.

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