China reveals new subsidies for child care to drive fertility up
In an attempt to combat the significant decline in birth rates and the growing population of older individuals, China has revealed new financial support for child care, designed to motivate families to expand their number of children. This plan demonstrates an increasing concern among the nation's leaders regarding demographic issues that could impact the country's economic and social sustainability over time.The newly introduced subsidies are part of a broader national policy shift focused on supporting families through financial incentives and improved social services. As part of this strategy, the Chinese government is offering direct payments to families with young children,…