China's Bold Demographic Policies: Can They Halt Population Decline?

China is implementing policies to address a demographic crisis, including subsidies for childbirth, tax relief for parents, and expanding childcare systems. These measures aim to combat falling birth rates by creating a supportive environment for families, as China faces a rapidly ageing population and economic challenges.

China has unveiled a series of ambitious measures aimed at addressing its growing demographic challenges. A new policy package, which includes childbirth subsidies and tax relief for parents, seeks to encourage larger families and counteract declining birth rates.

In addition to financial incentives, the government is enhancing childcare systems and maternity insurance schemes, extending benefits to flexible workers and rural migrants. These efforts are part of a broader strategy to create a more supportive environment for young families.

The demographic issue has become more pressing as projections indicate a rapidly ageing population. Recent reports highlight China's transition from schools to old age homes due to declining child enrollment, emphasizing the urgency of these new policies.

(With inputs from agencies.)