Sunday, January 31, 2016

China officially abandons its One Child Policy by passing law China officially abandons its One Child Policy by passing law

China has passed a bill ending one-child policy.
Objective:To tackle an ageing population.
Newly-amended Law on Population and Family Planning:The state advocates that one couple shall be allowed to have two children.
  • The move effectively ends the infamous one-child rule, which has been in force since 1971 when the Asian giant sought to curb population explosion.
  • Couples have been limited to having a single child since 1979, an often brutally enforced rule intended to slow population growth and boost the economy.
Another Reason:The change in China’s family planning policy also comes against the backdrop of a shrinking workforce.
*Key points: China
  • President& PM:   Xi Jinping, Li Keqiang
  • Capital: Beijing
  • Currency: Renminbi
  • Largest city:Shanghai

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