The Chinese authorities are willing to pay parents for the second child
Chinese authorities are considering financial incentives to couples to have a second child. Thus, the government wants to increase the number of able-bodied population in the country and increase economic growth by 0.5%.
The Chinese government, for almost 40 years who worked on fertility decline, we now intend to do everything possible to increase the birth rate in the country. According to the publication China Daily, Deputy Minister State Committee for health and the planned birth of the PRC van Payan said during a press conference on Saturday about the possible introduction of a system of financial incentives for parents to have a second child.
The reason for this dramatic reversal of population ageing and a reduction in the number of able-bodied citizens. To solve it, the Chinese authorities abolished at the end of 2015, the rule “one family — one child”. As a result, last year was a record for the last 20 years the birth rate in the country — 17.8 million newborns. However, according to polls, more than half of Chinese families are not willing to have a second child even after the lifting of restrictions, indicating as the main obstacle to financial problems.
Every family has the right to have a second child, but the financial ability prevented accept this resheniia Pelanzarestart Minister of the State Committee for health and the planned birth of the PRC
That is why the government is considering the possibility of providing financial support to parents who have decided to have a second child. As such measures can either be one-off incentives or subsidies.
This practice applies, for example, in Japan, where families who choose to have a second child, provided cash grants, tax breaks and extended maternity leave. In some provinces of China also already has various incentive measures, however, the proposal of the Committee on birth control — this is the first such move by the state authorities, clarifies the issue.
According to the forecasts of the Committee, the introduction of such a system to promote the birth of a second child in the family will increase the number of able-bodied citizens in the country to 30 million by 2050, which should increase the growth rate of China’s economy by 0.5%. If the introduction of subsidies does not help, then by that time every third citizen of China will be over 60 years.