China Think Tank: Children are the best investment in Chinas economy at present

(Beijing Comprehensive News) In the context of China's domestic demand and low fertility rate, the study of the Chinese think tank education population stated that the current Chinese economy is the best investment.

The official WeChat Study of the Population of Yuyu Published on Monday (December 11) published an article signed by the expert team, proposing to vigorously distribute maternity subsidies to boost fertility and expand domestic demand.

The article says that China's infrastructure investment tends to be saturated and the manufacturing capacity has excess capacity, but the investment in the number of children is not enough.The scale advantage of the Chinese market and talents will shrink with the decline in the young population in the future. The priority is to reverse the rapid decline of the new birth population as soon as possible.

The China National Health and Health Commission issued a report in October this year showing that last year, China's new birth population fell to 9.56 million, a decline in six consecutive years, and wrote the lowest record since 1949.

At the same time, the total fertility rate of China also fell from 1.30 in 2020 to 1.09 in 2022, not only lower than European and American countries, but also lower than the rapid aging of the population.

The research article of the Population Population Population pointed out that one of the main reasons for China's fertility rate is too high. The cost of fertility is too high in China.The most direct way.

The article recommends that maternity subsidies should be distributed for the family according to the number of children, and a child's family should be 1,000 to 6,000 yuan per month (RMB, the same below, S $ 187 to 1122).According to this calculation, the government needs to provide about 1 to 3 trillion subsidies.

The current fertility and parenting subsidy policy is mainly introduced by local governments. The article pointed out that parenting subsidies are more appropriate to introduce by the central level.One is that only the central government has this financial resources, and the other is the flow of population. The local government is not necessarily the beneficiary of the birth rate.

The article reads: "Fertility is a family affairs and a state affairs, so the cost of fertility should be borne by the family, the country and the society."