High cost of raising children reduces birth rate in China

Population aging raises concerns about economic problems for the country

After giving birth to a daughter two years ago, the husband, parents and in-laws of accountant Chen Xianglin, 26, encouraged her to have a second child, but she was reluctant. "I attach great importance to the education and development of my daughter, and I want to spend a lot of time with her," the accountant said. "When I think about how much I have to work, and the economic pressure, I come to the conclusion that having one child is enough."

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