China Announces ThreeChild Policy in a Major Policy Shift

0
41

China announced on Monday that each couple would be permitted to have up to three children, a major policy shift from the existing limit of two children after recent data showed a dramatic decline in births in the worlds most populous country.

The change was approved during a politburo meeting chaired by President Xi Jinping, the official news agency Xinhua reported.

Early this month, Chinas onceinadecade census showed that the population grew at its slowest rate during the last decade since the 1950s, with data showing a fertility rate of 1.3 children per woman for 2020 alone, on par with ageing societies like Japan and Italy.

Source FXPro

LEAVE A REPLY

Please enter your comment!
Please enter your name here