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China population: district announces childcare allowance to help turn the tide on birth crisis
- Longwan district in Wenzhou wants to give families who have two children 500 yuan (US$74) per month for each one under three years old
- Demographers say China needs more policies to help cover the costs of childbirth, education and the impact of having kids on career development
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Longwan district in Wenzhou, an important trading city, has announced plans to give families a childcare allowance to encourage more births.
Families with two children will receive 500 yuan (US$74) per month for each one under three years old, while couples who have three kids will be given 1,000 yuan per child.
The proposed policy, which was announced on Monday, is the latest attempt by Chinese authorities to boost births and roll back a looming demographic crisis that is being compounded by a fast-ageing population.
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