But analysts warn the cash transfers may be too little, too late.

BEIJING: China’s government will offer subsidies to parents to the tune of $500 per child under the age of three per year, Beijing’s state media said Monday, as the world’s second…

But analysts warn the cash transfers may be too little, too late.

Demographers and economists said while the move was positive, the amount was likely to small to incentivise people to have children.

The scheme is China's first nationwide subsidy of its kind as the government tries to tackle a looming demographic crisis.