But Why is it the decades-long one-child policy now being abandoned?
Experts warn that China will be the first economy to grow old before it gets rich largely due to the one-child policy. By 2050, more than a quarter of the population will be over 65.
The country's fertility rate is one of the lowest in the world and well below the rate of 2.1 children per woman required to replace the population across generations.
China's ageing population will slow down the economy as the pool of young workers decreases and the ratio between taxpayers and pensioners continues to drop.
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