China needs 600% child subsidy rise to prevent deeper birth crisis: scholars
- Beijing should drastically raise its nationwide childcare subsidies to stave off a deepening birth crisis, according to Chinese scholars, who warned the country’s fertility rate could soon fall to the lowest in the world unless action was taken.
- The government should learn from the examples of Singapore and South Korea – two nearby countries facing similarly severe demographic challenges, which have both introduced enhanced pronatalist policies to turn around the situation, they added.
- Beijing introduced a nationwide childcare subsidy last year that offers households a total of 10,800 yuan (US$1
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- Beijing should drastically raise its nationwide childcare subsidies to stave off a deepening birth crisis, according to Chinese scholars, who warned the country’s fertility rate could soon fall to the lowest in the world unless action was taken.
- The government should learn from the examples of Singapore and South Korea – two nearby countries facing similarly severe demographic challenges, which have both introduced enhanced pronatalist policies to turn around the situation, they added.
- Beijing introduced a nationwide childcare subsidy last year that offers households a total of 10,800 yuan (US$1
Sources: South China Morning Post