English | دری

China changes its one-child policy

in International Business

China changes its one-child policy

one child policyChina has endorsed its one-child policy that has been enforced upon its population since 1970s to curb the nation’s rapid population growth.

A resolution passed by the Standing Committee of the National People’s Congress now allows couples to have two children if either parent is an only child.

The reforms, which came at the end of a six-day meeting of the congress, have already been tested in parts of the country.

They needed formal legislative approval to be put into effect.

The country’s one-child policy concerned the leaders about the country’s ageing population that will both reduce the labor pool and exacerbate elderly care issues.

By 2050, more than a quarter of the population will be over 65.



Related Articles

Germany catches Europe's crisis fever

Germany appeared to be safe from Europe’s debt crisis, due to the deep reforms undertaken years ago, however recent data

Facebook Technology Chief Bret Taylor to Resign

Facebook’s chief technology officer Bret Taylor has announced he would step down from his position in the social network site

South Korea Announces Fresh Stimulus To Boost Growth

South  Korea has unveiled its second stimulus plan in four days, in an attempt to revive its economy. On Monday,

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.