Three decades-long one-child policy of china is now abandoned and changed to two-child policy.Communist Party of China (CPC) in this account has issued an official anouncement at the end of party’s 4 day absolute session headed by President Xi Jinping in Beijing.
This change is intended to Balance population development of world’s second largest economy.
Address the challenge of unnatural negative demographics due rising numbers of old age population as well as concerns over declining labour force.
This announcement comes at the time of slowdown of China’s economy which has jumped below the 7 per cent for the first time since the 2009 global
China ended its decades old One Child Policy
No comments:
Post a Comment