China unveils new perks to boost low birth rates ...Middle East

BEIJING: China today announced a slew of perks aimed at encouraging families to have more babies, as birth rates hit a record low and officials warned that the population will start to shrink by 2025.The world’s most populous country has been grappling with a looming demographic crisis as it faces a rapidly ageing workforce, slowing economy and its weakest population growth in decades.Although Beijing ended its draconian “one-child rule” in 2016 and last year allowed couples to have three children, birth rates have slipped over the past five years.The policy guidelines issued by the National Health Commission today urge both the central and provincial governments to increase spending on repr

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Last updated : 16 August 2022 clock 03:40 PM

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China unveils new perks to boost low birth rates ...Middle East

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