China's Struggle to Boost Birth Rates a Decade After One-Child Policy Ends

Ten years after China abolished its one-child policy, efforts to encourage higher birth rates are falling short. Despite the government's initiatives, including financial incentives and policy reforms, the country's population continues to decline, with projections indicating that over 20% of its 1.4 billion citizens are now over 60 years old. The demographic shift poses significant challenges for China's economy and military ambitions. Experts suggest that addressing underlying issues such as youth unemployment and the high cost of raising children is crucial for any real progress in reversing the birth rate decline. As the government implements new policies, the effectiveness of these measures remains uncertain.

Key Details: • China's population decreased for three consecutive years leading up to 2024. • Over 20% of the population is currently over 60 years old. • Annual bonuses of 3,600 yuan (~$500) for families with children under three were introduced. • By 2026, the government aims to eliminate hospital delivery costs for parents.