Hong Kong can’t raise its birth rate without easing education stress

2026-03-02 - 01:35

Hong Kong hit a record low in births last year despite a range of government incentives, including a HK$20,000 (US$2,560) baby cash bonus for new parents launched in 2023. Just 31,714 babies were born last year. This might have come as a surprise for the authorities, which had projected a rise to 39,000 births. So was the baby bonus worth the try? Yes, if we can draw insight from the experience. To be fair, it wasn’t the only thing the government had done to encourage babies. It rolled out tax...