Overview
- Subsidy offers an annual payment of 3,600 yuan per child under three, retroactive to January 1, 2025.
- Central government provides base funding through a transfer fund and provincial authorities may add resources to boost local disbursements.
- Payments are exempt from income tax and excluded from calculations for other social benefits to maximize households’ net support.
- Verification procedures include random inspections to ensure funds are used for child-rearing and to prevent fraud.
- Officials estimate more than 20 million couples will qualify each year under the new program.