China, the world's second-largest economy and one of the world's most populous countries, is trying to get its citizens to have more babies.
The government of Hangzhou, a tech hub in east China and home to e-commerce giant Alibaba, will be granting new parents 20,000 yuan, or $2,900, as a one-off subsidy for having a third child this year, according to the localThose having a second child will receive about $720, the outlet added, citing a policy that was passed at a local government congress on Wednesday.
Wenzhou, a city in southeast China, is planning to offer would-be parents up to 3,000 yuan, or over $400 in subsidies per child, according toissued on February 15. Meanwhile, the northeastern city of Shenyang is offering subsidies of up to $72 a month till a child is three years old. Some Chinese provinces like Shanghai and major coal producer Shanxi are also increasing the number of paid marriage leave days — or time off granted to couples to get married — to up to 30 days, according to Communist Party-owned news outletThe push for babies comes after China's
What happened to 1 child policy of the 80s? Covid-19?
The EU and US are taking back production through automation, saving the cost of shipping and reliance on an autocratic regime. In a generation, China will have a massive unemployment situation
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