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China has introduced subsidies for the second and third child

China has introduced subsidies for the second and third child

The authorities record a drop in the birth rate, which is why a decrease in the number of able-bodied citizens and a decline in the is expected.

The authorities of the city of Panzhihua in Sichuan Province, China, were the first in the country to start paying subsidies for the birth of a second and third child. This is reported by the South Morning Post on Thursday, July 29.

Families will be paid 500 yuan a month (about 2 thousand hryvnias) until the child reaches the age of three. Families will also have access to free care for pregnant women. In turn, local employers will also be offered to encourage the birth rate and offer child care services.

The innovation is due to a drop in the birth rate in  — the authorities expect a decrease in the number of able-bodied citizens and a possible decline in the economy.

“We must improve the quality of life, create an inclusive child care system, and ensure economic and social policies that are consistent with family planning policies,” Chinese Premier Li Keqiang said earlier.

Earlier in July, abolished fines for the birth of three children. In the next four years, it is planned to create a full-fledged social policy system to stimulate the birth rate in the country.



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