On Weibo, another user writing under the name Lawyer Zhang, said that action needed to be taken to address the disproportionate burden faced by women, who are expected to give birth and raise children as part of their natural “motherhood”.
That was before a new inflation report suggested that higher prices could be a devastating trend for a long time – while overall inflation eased somewhat to an 8.2 percent increase in September from the year prior, core inflation is up at a 40-year high.
Child rearing costs are even higher in China’s major cities, reaching more than 1 million yuan in Shanghai and 969,000 yuan in Beijing.
Birth rates in the two cities are even lower than the national average.
I’d been paranoid about such a diagnosis for a while because my mother had been treated for the disease twice, once in her early 50s and then again in her 60s, and so I had the nagging feeling that I was waiting my turn.
Although new policies allow families to have as many as three children, China’s birth rate dropped to 7.52 births per 1,000 people in 2021, the lowest since the National Bureau of Statistics began recording the data in 1949.
We aren’t there yet, but according to Cancer Research UK, ten-year breast cancer survival rates in the UK have nearly doubled since the 1970s, from four in ten women surviving their disease beyond ten years to around eight in ten now.
Liu said he looked forward to Taiwan’s industry, government and academia developing “more concrete, constructive measures” on industrial policies related to innovation, research, talent education and retention “to maintain Taiwan’s most critical semiconductor industry advantages”.
Experts warn China’s ageing population will put huge pressure on its health and social security system, while a dwindling workforce could also severely limit growth for the world’s second largest economy in the coming decades.
Taiwan is a major producer of chips used in everything from cars, smartphones to data centres and fighter jets, while Taiwan Semiconductor books for advanced 4th graders Manufacturing Co Ltd (TSMC) is the world’s largest contract chipmaker and Asia’s most valuable listed firm.
I was a single mother with a 13-year-old daughter.
I will never forget the first few weeks which followed; waking up drenched in sweat, adrenalin charging through my veins; the almost primeval fear that my life was about to end.
Here’s more regarding Kid-on-the-yard check out our web site. HSINCHU, Taiwan, Oct 19 (Reuters) – Rising Taiwan-China and U.S.-China tensions have brought “more serious” challenges for the semiconductor industry, the chairman of Taiwanese chipmaker TSMC said on Wednesday.
For months Republicans have seized on sky-high inflation and bleak economic forecasts as an argument against re-electing Democrats to Congress, where they hold slim majorities in the Senate and House of Representatives.
TSMC’s dominance in making some of the world’s most advanced chips for high-end customers such as Apple Inc and Qualcomm Inc has shielded it in recent quarters from the downturn flagged by chipmakers including Micron Technology Inc.
And earlier this year in Kansas, the state shattered turnout records when voters came out in droves to strike down a ballot measure that would have paved the way for the state’s Republican-led legislature to ban or limit abortion.
SHANGHAI, Feb 23 (Reuters) – The cost of raising a child in China stands at nearly seven times its per capita GDP, far more than in the United States and Japan, highlighting the challenges facing Chinese policymakers as they try to tackle rapidly declining birth rates, new research showed.
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Beijing-based YuWa Population Research Institute said in a report published on Tuesday that the average cost of raising a child to the age of 18 in China in 2019 stood at 485,000 yuan ($76,629) for a first child, 6.9 times China’s per capita GDP that year.
While the chips sector is already bracing for waning demand as red-hot inflation squeezes spending, Taiwan faces a tougher situation – sandwiched between its largest export market China and its main international backer and arms supplier, the United States – especially as Beijing steps up military pressure to force Taipei to accept Chinese sovereignty claims.
China would need to spend at least 5% of its annual GDP to create incentives for couples to have more children, including education subsidies, preferential mortgage rates, tax breaks, equal paternity and maternity leave, as well as the construction of more childcare centres, it added.
While Liu did not make direct mention of it, the sweeping set of export controls announced by the United States this month, aimed at slowing China’s progress in advanced chip manufacturing, is expected to also impact Taiwanese chipmakers.