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

WTO unveils first multilateral deal in 18 years

The World Trade Organization (WTO) signed the first major multilateral pact in 18 years negotiated by the 159 member nations

Germany warns it could veto Greek aid

According to a senior lawmaker, if Athens fails to comply with the terms of previous rescue packages, Germany will block

Further Policy Easing Needed for China’s Growth?

China’s Premier Wen Jiabo has warned that China’s economy is under pressure and that its economic problems may take some

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Your e-mail address will not be published.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.