<ul data-eligibleForWebStory="false"><li>China plans to offer cash handouts to families to incentivize having children to combat a declining birth rate.</li><li>The government will provide 3,600 yuan ($503) annually for each child born on or after Jan. 1, 2025, until they turn three.</li><li>The declining birthrate poses a challenge to China's economy, affecting labor supply and productivity.</li><li>Local governments in China have been implementing measures such as cash incentives and housing subsidies to encourage more births.</li></ul>

China Plans Subsidies To Boost Birthrate As Slim Population Threatens GDP Growth

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