News | beta scmp
Thegovernment’slistofincentivesforHongkongerstohavemorechildreniswell-intentionedbutinsufficienttoreversethecity’sdemographicdecline.Instead,itshouldlookforablendoftaxallowances,means-testedcreditsforchild-raisingexpenses,subsidisedchildcareandfamily-friendlyworkplaces.
The government’s list of incentives for Hongkongers to have more children is well-intentioned but insufficient to reverse the city’s demographic decline. Instead, it should look for a blend of tax allowances, means-tested credits for child-raising expenses, subsidised childcare and family-friendly workplaces.
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