Parents in China offered money for each child
Chinese parents are being offered 3,600 yuan (£375) a year for every child under the age of three. This is in a bid from the government to increase birth rates which have been falling in the country, even after the controversial one-child policy was abolished.
The money, Beijing hopes, could help around 20 million families with the cost of raising children according to state media. Multiple provinces have also piloted a form of payout, hoping to encourage people to have more children.
The plan will offer up to 10,800 yuan per child to parents. The policy also applies retroactively, according to the Chinese state broadcaster CCTV. That means that those who had children born between 2022 and 2024 can also apply for partial payments.
In March, Hohhot, a northern city, began to offer residents up to 100,000 yuan per child for couples with at least three children. Shenyang, a city north-east of Beijing, is offering 500 yuan a month to local families with a third child under three years old.
Local governments were encouraged by Beijing to draft plans to implement free preschool education. China is one of the most expensive countries on earth to have children, a study from the China-based YuWa Population Research Institute has found. Raising a child to the age of 17 can cost an average of £57,700, it found.
In January, official figures found that the population had continued to fall in 2024 for the third year consecutively.
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