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China rolls out childcare subsidy to boost birth rate

National program offers retroactive payments from January as some cities already providing up to $13,000 per child with measurable success.

China rolls out childcare subsidy to boost birth rate
A man pushes a stroller past a Fendi boutique in a luxury shopping mall in Chongqing, China. The country has introduced a national childcare subsidy to ease the burden of parenting and encourage higher birthrates. Image: Getty Images

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