Beijing. Troubled by the ever increasing population, China is these days motivating its countrymen to increase its population. Not only this, to solve the demographic crisis, the Chinese government has announced several policies including giving subsidies on the birth of children and reducing the tax liability of parents so that couples can be encouraged to have more children and prevent the demographic crisis from deepening. Can go. The directive issued by the State Council or the Union Cabinet outlines 13 targeted measures to enhance delivery support services, expand child care systems, strengthen support in education, housing and employment and create a social environment conducive to delivery . Last year, due to decline in birth rate, China lagged behind India as the world’s most populous country. The latest initiatives also include reforms to the system of providing childbearing subsidies and personal income tax relief related to childbearing, state media reports. Key provisions include extending the benefits of the maternity insurance scheme to individuals with flexible employment and also to rural migrant workers, who are already part of the basic medical insurance scheme. Appropriate labor management and assisted reproductive technology services will be added to the list of medical services eligible for insurance reimbursement.
Rapidly increasing number of elderly people
The number of elderly people in China’s population of 1.4 billion is increasing rapidly. At present, 14 percent of the total population of the country is above 65 years of age. China’s population aged 60 and above is expected to reach 300 million by the end of 2023. This number will exceed 40 crore by 2035 and reach 50 crore by 2050. According to recent reports, thousands of well-known kindergartens have been closed in China due to decline in birth rate and decrease in enrollment of children. Schools are being converted into old age homes and the staff there are being trained to take care of the elderly.