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Two-child policy to increase economy

  • China's new two-child policy could increase economic growth rate by 0.5 percent by reducing the country's dependency ratio, said National Health and Family Planning Commission (NHFPC). The change in policy is expected to mean over 30 million more people in the labour force by 2050 and two percent decrease in the share of elderly of Chinese population, Xinhua quoted Wang Peian, deputy head of the NHFPC, as saying. Source: IANS
    

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