China's national legislature on Friday formally endorsed the three-child policy introduced by the ruling Communist Party. This policy has been brought to stop the rapidly decreasing birth rate in the world's most populous country.
Let us tell you that in the 1980s, the one-child policy was strictly implemented in China under the rule of President Deng Shaoping. Under this, parents could have only one child. Couples and their children who broke these rules were stripped of government facilities. At the same time, they have also turned away from government jobs and schemes. China continued this plan until 2015.
However, this policy was changed to a two-child policy after increasing the number of old people in the population and decreasing the birth rate. According to the survey of China that came out last year, only 12 million children were born in China in 2020, which was less than the figure of 14.6 million children in 2019. Apart from this, the fertility rate in China also stagnated at 1.3 percent, which made China one of the countries with the lowest fertility rate.
The Standing Committee of the National People's Congress (NPC) has passed an amended Population and Family Planning Act that allows Chinese couples to have up to three children. In China, due to rising inflation, couples are having fewer children, and to deal with these concerns, measures have also been introduced in the law for greater social and economic cooperation.
According to the official newspaper 'China Daily', the new law will reduce the cost of raising children and their education, as well as take cooperative steps related to finance, tax, insurance, education, housing, and employment to reduce the burden of the family. Will go In May this year, the ruling Communist Party of China relaxed its strict two-child policy, allowing all couples to have up to three children. China in 2015 allowed all couples to have two children, scrapping a decades-old one-child policy. Policymakers had attributed the one-child policy to tackle the demographic crisis in the country.
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