China’s efforts to bolster the birth rate have yet to address the core reasons for their rapid decline, analysts said.
Policymakers last month announced plans for subsidies and tax breaks to households with children under the age of 3.
China's efforts to bolster birth rates have yet to address the core reasons for their rapid decline, according to analysts. "It is an incredibly difficult task there is no silver bullet to lifting fertility rates," said Cruise.China's share of the world's live births is expected to drop to around 3% in 2100 from 8% in 2021, according to Austin Schumacher, an assistant professor of health metrics sciences at the Institute for Health Metrics and Evaluation, University of Washington.
Measures that"earnestly" boost income and alleviate households' living costs would"go a long way" in improving sentiment around childbearing in China, said Yue.The"hectic and stressful work schedule" in big cities tends to discourage marriage and births, said Darren Tay, head of APAC country risk at BMI. That could"blunt the impact of incentives meant to encourage births.
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