China's population decline need not be a crisis

Falling birth rate prompts three-child policy, but there are ways to deal with labour crunch and the demographic ‘1-2-4’ crunch

Chinese observers said the new move to allow married couples to have three children may not reverse the major trends of declining birth rates and an ageing population, but it sent a clear signal to encourage births and is part of efforts to build a fertility-friendly society. PHOTO: EPA-EFE

In a major policy shift, China announced earlier this week that married Chinese couples may have three children, up from two, in a bid to reverse fast-falling birth rates. In 2016, it had scrapped its decades-old one-child policy.

In 2013, China's fertility rate was 1.65. Today, it is 1.3.

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