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Part 3 Test 4 4-1

China has officially ended its one-child policy, allowing couples to have two children, in an effort to address low fertility rates and prevent an aging society. This change is expected to boost the economy significantly, with predictions of 2.5 million extra newborns annually and an increase in consumption. The policy will impact approximately 100 million couples in China.

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0% found this document useful (0 votes)
14 views1 page

Part 3 Test 4 4-1

China has officially ended its one-child policy, allowing couples to have two children, in an effort to address low fertility rates and prevent an aging society. This change is expected to boost the economy significantly, with predictions of 2.5 million extra newborns annually and an increase in consumption. The policy will impact approximately 100 million couples in China.

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levan dinh
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China has ended its decades-long one-child policy (0:06) to allow all couples to

have two children. (0:10) The ruling Communist Party of China made the
announcement on Thursday. (0:15) The one-child policy, officially called the
Family Planning Policy, (0:20) was a population control measure that was
introduced in 1979.
(0:25) Policymakers hoped to restrict the country's surging population (0:29) and
therefore control rates of poverty. (0:33) It wasn't adhered to strictly, and many
exceptions were allowed. (0:38) In 2007, around 36% of China's population was
subject to a strict one-child restriction.
(0:47) An additional 53% was allowed to have a second child if the first child was
a girl. (0:54) The new two-child policy will reverse China's very low fertility rate.
(1:02) The new two-child policy is expected to provide a huge economic boost for
China (1:08) and prevent it from developing into an ageing society.
(1:13) China's labour force reached a peak of 940 million in 2012. (1:19) However,
this decreased to 930 million in 2014 (1:24) and was expected to fall by another 29
million by 2020. (1:30) Predictions from Peking University are that there will be
an average (1:35) of 2.5 million extra newborns per year.
(1:39) This will result in more workers and an additional $11.8 billion in annual
consumption. (1:46) Shares in many international baby goods companies jumped
by over 10% after the news was announced. (1:55) The new policy will affect
around 100 million couples.

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