Hong Kong’s Chief Executive, John Lee Ka-chiu, has announced a range of new measures to try to counter the city’s declining birth rate. Notably, a HK$20,000 (US$2,556) cash incentive will be given to parents holding permanent residency in Hong Kong for every newborn.
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Hong Kong: New Incentives to Counter Falling…
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Hong Kong’s Chief Executive, John Lee Ka-chiu, has announced a range of new measures to try to counter the city’s declining birth rate. Notably, a HK$20,000 (US$2,556) cash incentive will be given to parents holding permanent residency in Hong Kong for every newborn.