South China Morning Post

Notable Chinese demographer calls for 18-fold increase to nation’s childcare subsidies

One of China’s most outspoken demographers has called for raising childcare subsidies to at least 200,000 yuan (US$29,883) per child – more than 18 times the total offered under the current national scheme – to reverse the decline in births and strengthen the country’s long-term economic competitiveness. James Liang, co-founder of Chinese online travel giant Trip.com Group, who has been vocal about Chinese demographics for years, made the proposal in an article published on Wednesday. Experts...

By South China Morning Post

1 min read
Notable Chinese demographer calls for 18-fold increase to nation’s childcare subsidies
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