Read more about China Market ends higher on Business Standard. At closing bell, the benchmark Shanghai Composite Index advanced 0.41%, or 14.69 points, to 3,615.48. The Shenzhen Composite Index, which tracks stocks on China s second exchange, added 1.1%, or 26.27 points, to 2,419.76. The blue-chip CSI300 index
CANBERA (dpa-AFX) - Asian stocks ended mixed on Monday, with a stronger-than-expected U.S. inflation reading and mixed data from China and Japan keeping underlying sentiment cautious.Chinese shares
Earlier this month, China's once-in-a-decade census showed that the country's population grew at its slowest in the last decade since the 1950s as births declined.
China on Monday announced to further lift its family planning policy to allow each couple to have up to three children after the number of the country s newborns declined for four years straight, a major policy shift from the current two-child policy. Chinese demographers believed the new move was not simply a birth stimulation plan, but a significant step leading to more policy changes in improving China s demographic structure and actively responding to the aging trend.
China Eases Birth Limits To Cope With Aging Society
The country s ruling Communist Party said it will now allow all couples to have three children instead of two.
Joe McDonald
BEIJING (AP) China’s ruling Communist Party said Monday it will ease birth limits to allow all couples to have three children instead of two in hopes of slowing the rapid aging of its population, which is adding to strains on the economy and society.
The ruling party has enforced birth limits since 1980 to restrain population growth but worries the number of working-age people is falling too fast while the share over age 65 is rising. That threatens to disrupt its ambitions to transform China into a prosperous consumer society and global technology leader.