A Chinese city is offering couples almost $2,900 to have a third child and some others are giving newlyweds paid marriage leave to help boost the birth rate
China, the world's second-largest economy and one of the world's most populous countries, is trying to get its citizens to have more babies.
The government of Hangzhou, a tech hub in east China and home to e-commerce giant Alibaba, will be granting new parents 20,000 yuan, or $2,900, as a one-off subsidy for having a third child this year, according to the localThose having a second child will receive about $720, the outlet added, citing a policy that was passed at a local government congress on Wednesday.
Wenzhou, a city in southeast China, is planning to offer would-be parents up to 3,000 yuan, or over $400 in subsidies per child, according toissued on February 15. Meanwhile, the northeastern city of Shenyang is offering subsidies of up to $72 a month till a child is three years old. Some Chinese provinces like Shanghai and major coal producer Shanxi are also increasing the number of paid marriage leave days — or time off granted to couples to get married — to up to 30 days, according to Communist Party-owned news outletThe push for babies comes after China's
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chinese Jet Fighters Step Up Pressure on U.S. Aircraft Over South China SeaA Chinese jet fighter armed with air-to-air missiles appeared at the rear of an American patrol aircraft, passed above and settled a few hundred feet from the wing of the U.S. Navy plane.
Read more »
China says U.S. refused to share information on downed Chinese balloonChina's foreign ministry said on Friday that the United States had refused to reply to a Chinese request for information on the balloon that it had shot downed off the coast of South Carolina earlier this month.
Read more »
Avengers: The Kang Dynasty might be delayed, says Marvel insiderA Marvel insider claims that Avengers: The Kang Dynasty's release date might be delayed - here's what we know so far.
Read more »
Walmart, Home Depot spend major cash on worker wages to hoard themInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
The Black venture capitalists who are changing the VC industryInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Inside Citadel's exclusive training program for aspiring tradersInside Citadel's internship program for aspiring traders that paves the way for a six-figure salary at the elite hedge fund after college
Read more »