Baby bonus to continue? We’ll consult widely, John Lee says (opens original article in a new tab)
Hong Kong Chief Executive John Lee announced plans to consult on continuing pro-baby incentives amid record low birth rates, with the current newborn bonus set to expire in October 2025. The government has distributed over HK$1.3 billion in subsidies through the program since its launch.
- Hong Kong government to consult on continuing pro-baby incentives due to low birth rates
- 2023 newborn bonus of HK$20,000 expires in October 2025
- Multipronged policy includes tax allowances and childcare services to encourage childbirth
- Over 65,000 babies have benefited from the program since 2023
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