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Chinese County to Give Cash Handouts to Couples to Have Babies

Bloomberg business news
Understanding China's Three-Child Policy

A county in western China will give cash subsidies to couples to have children, the latest push to encourage more births in a country where the population is set to decline in coming years.  

Families with three children in Linze county in Gansu province will be able to receive 5,000 yuan ($777) in a lump sum payment when the third child is born, as well as 10,000 yuan a year before the kid reaches three years old, the local government said in a WeChat post this week. Families with one or two children can receive smaller subsidies, and the local authority has promised subsidies for schooling fees and home purchases.