Thursday, December 26, 2013

China Set to Relax One-Child Policy 1Q2014, Will There be a Baby Boom?

Changes to China's strict one child policy, which will allow more parents to have a second child, will begin to roll out early next year, the country's family planning commission told official media late on Monday.

The policy change is expected to go into force in some areas of China in the first quarter of 2014, Yang Wenzhuang, a director at the National Health and Family Planning Commission told China's official Xinhua news agency.

Beijing said last month it would allow millions of families to have two children, the most radical relaxation of its strict one-child policy in close to three decades. The move is part of a plan to raise fertility rates and ease the financial burden of China's rapidly ageing population.

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