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China now fears underpopulation and is considering baby bonuses for second child

• nextbigfuture.com Author: brian wang

The potential move was revealed by Wang Peian, vice-minister of the National Health and Family Planning Commission at a social welfare conference on Saturday, the newspaper said on Tuesday.

Birth rates rose to 17.86 million in 2016, the highest level since 2000, after the country issued new guidelines in late 2015 allowing all parents to have two children amid growing concerns over the costs of supporting an aging population. It was an increase of more than 1.3 million compared with the previous year and the biggest annual increase in 20 years.

"That fully met the expectations, but barriers still exist and must be addressed," Wang was quoted as saying.

"To have a second child is the right of each family in China but affordability has become a bottleneck that undermines the decision."
 

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