Storyline: China rolls out nationwide childcare subsidies [Voice_over] China will pay parents 3,600 yuan per year for each child under 3 starting January 2025. This new incentive forms part of ongoing efforts to reverse declining birth rates. Officials say the policy aims to build a fertility-friendly society and ease family burdens. [Sound_bite] Guo Yanhong, Vice Minister, National Health Commission: "These direct payments address families' real struggles. It's about supporting parents where they need it most - making childcare more affordable while investing in our future." [Voice_over] As birth rates have been declining, China has shifted from its one-child policy, to now allowing people to have three children. The government is also improving education, healthcare and even housing support to reduce the pressures many parents fear and face. [Sound_bite] Guo Yanhong, Vice Minister, National Health Commission: "In education, local governments are introducing policies to reduce academic burdens. Recently, the State Council announced plans to gradually introduce free preschool education to ease household costs." [Voice_over] Officials also say the policy also seeks to realize sustainable population development and higher living standards. And it’s also expected to drive positive economic growth. [Restrictions : No access Chinese mainland]