Living
First Chinese City Doles Out Cash Subsidies to Encourage Births
This article is for subscribers only.
A Chinese city will give out cash handouts to encourage childbirth, the first in a nation faced with a rapidly aging population struggling to boost its birthrate.
The government of Panzhihua city in the southwestern province of Sichuan announced Wednesday it will give local families 500 yuan ($77) per baby every month if they have a second or third child, until the babies reach three years old, the state-run Xinhua News Agency reported Wednesday.