The authorities are offering annual payments of $500 to reverse the declining population
China has unveiled its first nationwide childcare subsidy program, offering families an annual payment of 3,600 yuan (approximately $500) for every child under the age of three. The measure, announced on Monday, is part of a broader government effort to curb the country’s persistently low birthrate and long-term demographic decline.
The policy marks the latest attempt by Beijing to counteract a historic demographic downturn. China’s population declined for seven consecutive years before registering a modest rebound in 2024. The slide has been driven by a…
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