China's three-child policy won't change lower annual birth rate trend drastically, says top economist

Chinese economist, Yao Yang said that the policy will not prevent a long-term trend toward lower annual births in China, and the country will struggle to raise the retirement age by more than a couple of years by 2025.

Beijing: China`s recently-announced three-child policy will not help the country to drastically raise the birthrate, said a top Chinese economist, adding that the country will struggle to raise the retirement age by more than a couple of years by 2025. According to the South China Morning Post (SCMP), a Chinese economist, Yao Yang said that the policy will not prevent a long-term trend toward lower annual births in China, and the country will struggle to raise the retirement age by more than a couple of years by 2025. "I do not think we can drastically raise the birth rate," Yao Yang, dean of the National School of Development at Peking University, said in an interview.