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China Launches $500 Per-Child Subsidy to Boost Fertility
- China announced a nationwide childcare subsidy program on Monday to provide 3,600 yuan annually per child under three years old starting January 1, 2025.
- This measure follows years of local subsidies and a demographic crisis marked by declining birth rates and an aging population, with 9.54 million births last year, half the number in 2016.
- The subsidies will be prorated for children born before 2025 but under three, exempt from personal income tax, and administered through a unified national system with mostly online applications.
- Economists called the policy a "major milestone" acknowledging the government's recognition of low fertility as a serious economic challenge but said the sums are too small for near-term impact.
- While welcomed by some parents, the subsidies alone may not reverse population decline or stimulate domestic spending as China faces continuing demographic and economic pressures.
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51 Articles
51 Articles
The Chinese government has introduced an annual childcare subsidy of 3,600 yuan - equivalent to 3,200 kroner - per child until the child turns three. The Chinese news agency Xinhua reports, according to news reports...
·Aarhus, Denmark
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The measure announced on Monday applies retroactively from 1 January 2025. According to some UN projections, the Chinese population could increase from 1.4 billion people today to less than 800 million by 2100.
·Paris, France
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Total News Sources51
Leaning Left7Leaning Right6Center16Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 24%
C 55%
R 21%
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