James Liang proposed raising China's childcare subsidies to at least 200,000 yuan per child, over 18 times the current national scheme, to reverse falling births and bolster long-term economic competitiveness.
One of China’s most outspoken demographers has called for raising childcare subsidies to at least 200,000 yuan (US$29,883) per child – more than 18 times the total offered under the current national scheme – to reverse the decline in births and strengthen the country’s long-term economic competitiveness.