China rolls out subsidies for childbirth in a bid to arrest declining population

China is rolling out nationwide childcare subsidies of $500 per child under the age of three, aiming to reverse its steep population decline. With just 9.54 million births last year and growing concerns over childcare costs, the policy is a bid to ease financial pressures and encourage young families to have more children. Residents welcome the move but say deeper reforms are needed to truly support working parents. Here is a look into reactions from some of the parents in Beijing.
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