China's Ministry of Finance has allocated 99.9 bln yuan in childcare subsidy funds for 2026, up 10.6% YoY, to support local governments in issuing payments to eligible infants. Total subsidy arrangements across fiscal levels are expected to be about

2026-06-02

China's Ministry of Finance has allocated 99.9 bln yuan in childcare subsidy funds for 2026, up 10.6% YoY, to support local governments in issuing payments to eligible infants. Total subsidy arrangements across fiscal levels are expected to be about 110 bln yuan for the year.