Free Trial

Policy Support Needed To Increase Birth Rate

CHINA PRESS
MNI (BEIJING)

Authorities should implement policy reforms to boost birth rates such as providing financial subsidies to lower nursery fees and allowing foreign nannies to work in China, according to Liang Jianzhang, co-founder at Ctrip Group and a population economist. China lagged behind northern European countries who spend 2-3% of GDP per year on child subsidies, Liang noted. On the silver economy, the post-60s generation will be the first retirees who benefited from the reform and opening up era, and will therefore drive increased consumption growth. (Source: Yicai)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.