China's One-child policy fails

This is a China news story, published by CNBC, that relates primarily to Xu news.

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birth rates

CNBC

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China's push for more babies as demographic crisis deepens lacks real incentives, analysts say

Summary

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89% Informative

China 's birth rate has continued to plummet, with a record low of 9.02 million newborns last year .

The number of new marriage registrations also plunged by 25% year on year in the third quarter .

The United Nations in July forecast that China , the second most-populous country in the world, will likely lose more than half of its population by 2100 .

China 's share of the world's live births is expected to drop to around 3% in 2100 from 8% in 2021 .

There appears to be a lack of proper incentives aimed at boosting birth rates.

The central government's latest policy tasks local authorities with setting up a budget for public childcare centers and easing the limits of housing loans for families with more than one child.

To turn around the falling birth rates, China needs "a combination of strong direct financial incentives," Xu said.

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English

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