China’s ruling Communist Party announced Monday that it is easing its two-child per limit birth control policy, allowing coupes a third — in hopes of slowing the rapid aging of its population that is straining the economy.
A ruling party meeting led by President Xi Jinping decided to introduce “measures to actively deal with the aging population,” the official Xinhua News Agency said.
The move “will be conducive to improving our country’s population structure, fulfilling the country’s strategy of actively coping with an aging population and maintaining the advantage, endowment of human resources”, Xinhua said.
It wasn’t immediately clear when the move would take effect, although the Politburo meeting discussed major policy measures to be implemented in the period to 2025, Bloomberg News reported.
The move comes just three weeks after Beijing published its 2020 census, which showed the country’s population was growing at its slowest rate since at least the 1960s, according to CNN.
The population rose by just 5.38