China Announced the 3-Child Policy

According to the Chinese government, Married Chinese couples may have up to three children, in a major shift from the existing limit of two after recent data showed a dramatic decline in births in the world’s most populous country.

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The policy change will come with supportive measures, which will be conducive to improving our country’s population structure, fulfilling the country’s strategy of actively coping with an ageing population.

China had a fertility rate of just 1.3 children per woman in 2020, recent data showed, on par with ageing societies like Japan and Italy and far short of the roughly 2.1 needed for replacement level.

Beijing scrapped its decades-old one-child policy in 2016, replacing it with a two-child limit to try and stave off risks to its economy from a rapidly aging population.

But that failed to result in a sustained surge in births given the high cost of raising children in Chinese cities, a challenge that persiststo this day.