China Spends Billions to Boost Falling Births.

To boost its declining birth rate, China is planning to invest approximately 180 billion yuan in fiscal support for 2026. These measures include national child subsidies and a promise of "zero out-of-pocket" maternity costs, covering everything from prenatal care to IVF through national insurance. With China’s fertility rate hovering around 1.0—well below the 2.1 needed for stability—the government faces a steep demographic challenge as the workforce shrinks and the population ages.

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