China Considering Financial Rewards to Encourage Second Children

  • Government abandoned decades-old one-child policy in late 2015
  • Subsidies weighed to help increase birthrate, China Daily says
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China is weighing subsidies for couples who have a second child to help increase the birthrate after authorities scrapped a decades-old one-child policy in 2015, official media reportedBloomberg Terminal.

The government is considering measures such as "birth rewards and subsidies" to help encourage more people to have another child, Wang Peian, vice-minister of the National Health and Family Planning Commission, said at a conference on Saturday, according to a report Tuesday by the state-run China Daily.