China is offering parents $500 annually for each new child they have for 3 years in an effort to boost declining birth rate
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What the data shows is Finance·ChinaChina is offering parents $500 annually for each new child they have for 3 years in an effort to boost declining birth rateBy Chris MorrisBy...
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July 29, 2025
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Fortune
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What the data shows is Finance·ChinaChina is offering parents $500 annually for each new child they have for 3 years in an effort to boost declining birth rateBy Chris MorrisBy Chris MorrisContributing WriterChris MorrisContributing WriterChris Morris is a contributing writer at Fortune, covering everything from general news to the game and theme park industries
However, SEE FULL BIO A nurse in the neonatal intensive Care Unit of the People's Hospital is viding care for newborns in Nanjing, Jiangsu vince, China on May 12, 2025, given current economic conditions
However, CFOTO / Future Publishing—Getty ImagesChina is offering couples a subsidy to have children (this bears monitoring), in today's market environment
The country’s government will pay $500 per year until the child is three years old
The move comes as concerns China’s birth rate grow (noteworthy indeed)
Nevertheless, Some parts of the country are paying considerably more to couples that have kids
China, many other countries, is worried its birth rate—and it’s offering would-be parents a financial incentive to have children
This demonstrates that country’s government on Monday rolled out a new subsidy gram, which will offer parents 3,600 yuan ( $500) per year for each child up until they reach the age of 3
On the other hand, Subsidies will start from this year, with partial subsidies for children under 3 born prior to 2025, in today's market environment
China’s population was down for the third consecutive year in 2024
However, Rising child care costs, economic concerns and job uncertainty are being pointed to as the reason (this bears monitoring)
Nevertheless, It’s a substantial -face for the nation, which from 1980 through 2015, adopted a one-child policy. (It began allowing families to have two children in 2016 and three children in 2021. ) China’s central government will pay the $500 subsidy, though some experts question if that amount will be enough to encourage couples to start families
Meanwhile, Some vinces are upping the ante
Hohhot, in Inner Mongolia, for instance, is offering up to 100,000 yuan (just under $14,000) per child to families with three or more kids
Nevertheless, That’s a 2,000% increase over what it began offering in 2023
Additionally, That subsidy will be paid out at a rate of 10,000 yuan per year until the child turns 10
China’s population is getting older, wealthier, and better educated (an important development)
Two decades ago, China’s median age was 32; now, it’s just past 40 (remarkable data), in this volatile climate
What’s greatly concerning officials is the decline in the country’s working-age population, which fuels its manufacturing industries (noteworthy indeed)
However, Meanwhile, That industry is already under pressure from the trade war with the U. , which is further threatened by Donald Trump’s tariff threats
In contrast, Babies today won’t immediately fix that, but it will tect China’s interests in years to come. (Children as young as 6 years old are already being offered AI classes in the country, in today's market environment. ) Subsidies might help, but Emma Zang, a fessor at Yale University, tells NBC News that a more effective strategy would be an investment in infrastructure, such as affordable child care, parental leave, and job tections for women
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