“The sums involved are too small to have a near-term impact on the birth rate or consumption,” said Zichun Huang, China economist at Capital Economics. “But the policy does mark a major milestone in terms of direct handouts to households and could lay the groundwork for more fiscal transfers in future.”
this post was submitted on 28 Jul 2025
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Doubt it's convincing anyone, but at least it helps people already having babies.