Three-child policy

[6] The state-owned Chinese news agency, Xinhua, stated that this policy would be accompanied by supportive measures to maintain China's advantage in human labor.

[3] However, some Chinese citizens expressed dissatisfaction with the policy, as they would be unable to raise children due to the high cost of living in China relative to the income.

[7][4] The policy was adopted by the Central Committee of the Chinese Communist Party and State Council of the People's Republic of China in June 2021 and announced in July.

However, the policy did not result in the expected wave of births, and the pregnancy rate among young women continued to decline, experiencing a third consecutive year of decrease.

"[15] Moody's, a bond credit rating agency, said the new three-child policy is unlikely to boost birthrate and the aging will remain a credit-negative constraint for China.