28/02/2023
A Chinese city is offering couples almost $2,900
to have a third child. According to Yahoo News, The government of Hangzhou, a tech hub in east China and home to e-commerce giant Alibaba, will be granting new parents 20,000 yuan, or $2,900, as a one-off subsidy for having a third child this year, according to the local media outlet Zhejiang Daily.
Those having a second child will receive about $720, the outlet added, citing a policy that was passed at a local government congress on Wednesday.
Wenzhou, a city in southeast China, is planning to offer would-be parents up to 3,000 yuan, or over $400 in subsidies per child, according to local government notices issued on February 15.
Meanwhile, the northeastern city of Shenyang is offering subsidies of up to $72 a month till a child is three years old.
