China offers parents $1,500 in bid to boost births
China has launched its first nationwide child subsidy to boost declining birth rates, offering parents 3,600 yuan ($500) annually for each child under age three. The policy, retroactive to January 2024, aims to support around 20 million families amid a growing demographic crisis. Additional local incentives include larger payouts for third children and monthly allowances. Despite ending the one-child policy nearly a decade ago, China’s … Continue reading China offers parents $1,500 in bid to boost births
