# fertility policy

Beijing Bets on Babies: China’s 300‑Yuan Monthly Childcare Subsidy and a >100 Billion‑Yuan Fiscal Push

China has rolled out a 300‑yuan monthly childcare subsidy for children born after Jan. 1, 2022 — worth 10,800 yuan over three years — and has dispatched payments to roughly 33 million households. Combined central and local spending on the program has exceeded 1,000 billion yuan, and Beijing pairs the cash transfers with expanded childcare slots, leave policy adjustments and planned legislation to embed family support into the institutional framework.