China will offer US $ 500 to citizens who are parents, to promote births in the country. It’s about The first national government of the government aimed at increasing birth rates.
The birth rate in the eastern country registered a fall even after the ruler Communist Party abolish your controversial policy of the only child almost a decade ago.
Chinese parents will receive US $ 1,500 as a subsidy to encourage births
It is estimated that this type of subsidy helps about 20 million families with the cost of raising children, according to state media. Several provinces of China launched some kind of payments to encourage people to have more children While the second largest economy in the world faces an imminent demographic crisis.
The plan was announced on Monday and will offer parents A total of up to 10,800 yuan per child. The policy will be applied retroactively since the beginning of this year, said Beijing’s state station, CCTV.
Families with children born between 2022 and 2024 may also request partial subsidies, as part of this measure that arises from the efforts of local governments due to low births.
In March, the city north of China Hohhot began offering residents up to 100,000 yuan for baby for couples with at least three children. Another city, Shenyang, offers 500 yuan per month to local families with a third child under three years.
Last week, Beijing also urged local governments to prepare plans to implement the Free preschool education. The country is one of the most expensive places in the world to have children, in relative terms, according to a study of the Yuwa Population Research Institute, based in China.
Raising a child until 17 years in China costs an average of US $ 75,700, according to the study. In January, official figures showed that The population of China fell for the third consecutive year in 2024.
The population of 1.4 billion people in the country is also quickly aging, which increases Beijing’s demographic concerns.
The US and China resumed negotiations to extend the truce in the tariff war
High negotiators of United States (USA) and China meet this Monday In Stockholm to seal a Extension for three months of the truce in the tariff war Between the two main economies of the world. The extension, confirmed by Chinese official media this Sunday, seeks open a new dialog window before the original deadline for August 12 comes.
The decision was agreed from high -level efforts between Washington and Beijing. This Monday, both delegations are in Stockholm To continue with the conversations, which already had two previous rounds in Geneva and London.
While the previous negotiations concentrated on export issues, this new instance would include, according to transcended, the debate on the China’s role in the supply of chemical precursors used in fentanyl productiona priority concern for US administration.
Source: Ambito
