• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home World

China One Of The Costliest Places In The World To Raise A Child

OMMCOM NEWS by OMMCOM NEWS
February 22, 2024
in World

Hong Kong:  China is one of the most expensive places in the world to raise a child in relative terms, a new report said, with the disproportionate impact on women driving the country’s precipitously low fertility rate as it grapples with a demographic crisis.

The study by the China-based YuWa Population Research Institute found that the average nationwide cost of raising a child from birth to age 17 was about $74,800 – rising to more than $94,500 to support a child through a bachelor’s degree, CNN reported.

The cost of raising a child to age 18 in China is 6.3 times higher than the country’s GDP per capita, the report said – a ratio second only to South Korea, which has the world’s lowest fertility rate, and where the cost of child-rearing is 7.79 times the GDP per capita, CNN reported.

For comparison, the report said that the cost is just 2.08 times the GDP per capita in Australia, 2.24 times in France, 4.11 times in the United States, and 4.26 times in Japan – another East Asian country that has long struggled with a rapidly aging population and declining birth rate.

“Due to reasons such as the high cost of childbearing and the difficulty for women to balance family and work, the Chinese people’s willingness to have children is almost the lowest in the world,” the report said, adding, “It is no exaggeration to describe the current population situation as a collapse in the birth population,” CNN reported.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Samyukta Kisan Morcha To Hold Tractor March On Feb 26, ‘Mahapanchayat’ In Delhi On March 14

Next Post

Masked Miscreants Loot Rs 2 Lakh From Petrol Pump Staff In Sundargarh

Related Posts

World

Iran’s Death Toll From Israeli Attacks Surpasses 600: Ministry

June 24, 2025
World

Middle East Nations Praise US President For Ceasefire Between Iran And Israel

June 24, 2025
World

These Guys Gotta Calm Down: Trump Furious With Israel And Iran For Violating Ceasefire

June 24, 2025
World

Attack On US Military Base In Qatar ‘Act Of Self-Defence’, Says Iran

June 24, 2025
World

Qatar Summons Iranian Ambassador, Severely Condemns IRGC Strikes On US Air Base

June 24, 2025
World

EU, Saudi Arabia Welcome Iran-Israel Ceasefire, Call It Important For Restoring Stability

June 24, 2025
Next Post

Masked Miscreants Loot Rs 2 Lakh From Petrol Pump Staff In Sundargarh

Palestinian Death Toll Rises To 29,410

IRCTC Ties Up With Swiggy Foods For Meals On Trains

Khimji
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.