China: To flexible the family planning restrictions in China to allow all couples to have two children, which will be in benefit for around 100 million families, a professor told the official China Daily on Friday.
After decades of restriction of having only one-child policy, the ruling communist party said on Thursday that China will allow all the families to enjoy the freedom of having two children. A sociologist, Lu Jiehua said, it will take time to have an impact.
“Couples born in the 1970s may want to have a second child as they want to ‘catch the last bus,’ but those born in the 1980s and 1990s have no urgent desire to give birth to a second child,’ Lu told the paper.
However the investors quickly started to trade via news by pushing up shares of toy makers and other childcare-related stocks in Shanghai and Hong Kong.
Shares of baby stroller maker Goodbaby International Holdings Ltd and diaper maker Hengan International jumped 9 percent and 3 percent respectively. Instant formula makers also gained, with Beingmate Baby & Child Food Co. rising by the daily limit of 10 percent.
A revision in 2007 allowed urban couples to have two children if both were themselves only children. A second revision in 2013 allowed urban couples to have a second if either parent was an only child.
