The measure will come into effect on February 15 and will last for five years; for the first time since the 1960s, the Chinese population dropped in 2022
People walk on the Bund in Shanghai, China, January 27, 2023. Chinese New Year, also known as the Spring Festival, starts on January 22
Sichuan, one of the most populous provinces in China, will lift birth restrictions next month after the country registers a population drop, authorities informed this Monday, 30. The measure will enter into force on February 15 and will last for five years, according to the health commission place. For the first time since the 1960s, the Chinese population fell in 2022, which, according to analysts, will weigh on the competitiveness and pension system of the Asian giant. The decline in the birth rate is partly related to the cost of living and the cost of raising a child. Like Sichuan Province, with a population of more than 80 million, many Chinese cities and provinces have launched measures in recent months to boost birth rates. Shenzhen Metropolis) offers a birth bonus and subsidies paid until the child reaches the age of three, and Shandong Province grants 158 days of maternity leave (60 days more than the national norm) for the first child. . China, which today has 1.4 billion inhabitants, could have only 587 million in 2100, according to the most pessimistic projections of demographers.
Source: Jovempan
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