Earlier in May, China made mention of plans to pass the three-child policy into law; now the attempt at prodding the birth rate in China has officially been passed into law.
The law cancels a social maintenance fee parents pay for having children beyond the two-child limit, supports parents leave, and sees to it that structures specifically made for children are put in place.
The National People’s Congress organized a standing committee that saw to it that the Population and Family Planning Law was revisited and passed.
Also to ensure that couples are not hesitant about having more children due to the cost of living, the revisited law has supporting laws that are to enhance economic and social issues tied to the implication of this law.
According to reports, the emerging law exercises that the government will see to alleviating insurance, finances, housing and taxes so families cannot suffer so much cost of raising their children.
Before the two-child policy passed in 2016, there had been the long-standing – taking decades – a one-child policy meant to curb the population crisis that China was suffering from.
It was reported that the one-child law that stood for more than 3 decades stopped more than 400,000,000 births.
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The recent population census organized once in ten years by China was confronted with how slow the population has grown, and that the rift it is creating in the country’s demography may be quite obvious by next year.
At present, there is a demographic crisis in China where the number of those above age 60 has grown to an estimate of 264,000,000, which in other words mean they have increased by 18.7 per cent since the previous year.