China News: China has relaxed its family planning policy to allow couples to have a maximum of three children after a census showed its population is rapidly agei
Why China Is Ending 2-Child Policy to Allow Parents to Have 3 Babies
On 5/31/21 at 6:19 AM EDT
China has announced it will end its two-child policy, which limits married couples to two children, and will instead permit parents to have three children in what s seen as a major change for the country.
The decision was made at a meeting of the politburo, the decision-making body of the ruling Chinese Communist Party (CCP), chaired by President Xi Jinping and announced by state-run news agency Xinhua on Monday.
The major change in policy appears to be a reaction to data from the country s recent census. The once-in-a-decade survey showed that China s rate of population growth over the last decade was the lowest since the 1950s.
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China announced each couple would be permitted to have up to three children, a major policy shift, after census data showed a dramatic decline in births.
Read more about Hong Kong Stocks end mostly higher on Business Standard. At closing bell, the benchmark Hang Seng Index rose marginal 0.09%, or 27.39 points, to 29,151.80. The Hang Seng China Enterprises Index added 0.89%, or 95.57 points, to 10,889.12.