Offer or concession if you have 3 children in China! | Dynamics

BEIJING: Provincial governments have begun announcing benefits, including subsidies and tax cuts, to encourage Chinese couples to have three children.

China is the most populous country in the world. But, the birth rate there is constantly declining. To rectify this, the Chinese government announced last August that it would lift the ban on having more than two children and have three more children.

In addition, more than 20 provinces, including Beijing, Sichuan and Jiangxi, have taken supportive measures to highlight increased vacations for couples, such as extending maternity leave and marital leave and increasing maternity leave. Steps are being taken to reduce taxes other than the essential taxes. This was reported by the Chinese state media.

BEIJING: Provincial governments have announced a number of benefits, including subsidies and tax cuts, to encourage Chinese couples to have three children.

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