China Allocates $70 BN Annually to Combat Falling Birth Rates
Edited By WION Video Desk
Published: Oct 31, 2024, 06:05 IST | Updated: Oct 31, 2024, 06:05 IST
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China is taking major steps to address its declining birth rate, which has dropped to a record low of 1.09 as of 2022. To combat the rising costs associated with raising children, Beijing announced a national plan, expected to cost up to $70 billion dollars.
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