China Approves Three-Child Policy To Tackle increase Crisis

China approves three child policy

Earlier this year within the month of May, the ruling Communist Party of China approved a relaxation of its strict two-child policy to permit all couples to possess up to 3 children.

 The national legislature in China on Friday formally endorsed the three-child policy put forth by the ruling Communist Party as a serious policy shift was expected to be launched with an aim to stop the worrying decline in birth rates within the world’s most populous country. The revised Population and birth control Law allows Chinese couples to possess three children and was gone by the committee of the National People’s Congress.

As there are concerns regarding reluctance among Chinese couples to possess more children thanks to financial reasons, the amended law also includes more social and economic support measures during a bid to tackle the difficulty .

According to the new legislation, the country will take supportive measures, including those in finances, taxes, insurance, education, housing, and employment, to scale back families’ burdens also because the cost of raising and educating children, PTI cited state-run China Daily as reporting. The NPC has revised the law to implement the central leadership’s decision to deal with new circumstances in social and economic development and promote balanced long-term increase , the report added.

Earlier this year within the month of May, the ruling Communist Party of China (CPC) approved a relaxation of its strict two-child policy to allow all couples to possess up to 3 children. After following the draconian one-child policy for many years which is blamed by policymakers because the cause behind the demographic crisis within the country, China permitted all couples to possess two children in 2016.

The decision comes after a once-in-a-decade census revealed that China’s population was growing at the slowest pace to 1.412 billion amid official projections that the decline may begin as early as next year.

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