China s fertility cost is 680,000 to raise a baby, where do parents go?

Mondo Education Updated on 2024-02-22

Dear friends, recently, Yuwa Population released the "China Fertility Cost Report 2024 Edition", revealing a surprising figure: from the birth of a child to the graduation of a bachelor's degree, the average cost is 680,000 yuan! This figure makes people wonder, what does the cost of raising 680,000 yuan mean? Why is it so expensive? Let's dive in.

First, let's understand how this huge fee is apportioned. The report details expenses at each stage, from pregnancy to adulthood. From pregnancy to childbirth, to the daily upbringing and education of the child, each stage comes with huge expenses. Prenatal checkups, childbirth expenses, maternal and infant products, milk powder, diapers, etc., consume a lot of expenses at first. As children grow, the cost of education, interest development, and extracurricular tutoring is increasing.

Typical expenses include medical expenses and maternal and child supplies during pregnancy and childbirth, various expenses for kindergarten and preschool education, tuition fees and after-school tutoring fees for primary and secondary schools, and living expenses, books, and transportation expenses at the university level. In addition, there are large expenses such as marriage and buying a house, which make the cost of raising a baby even larger.

Behind these figures, however, there is a deeper problem. The cost of raising a child at 680,000 yuan reflects the huge challenges that modern Chinese families face in raising children. The investment of material, time and energy has left many families feeling a heavy burden. At the same time, the high cost of raising children has also led some families to hesitate or even choose not to have children.

However, we must not be pessimistic. The high cost of parenting reflects the importance and investment we place in the education of the next generation, which is also an investment in the future. ** The society should also pay more attention to the issue of family fertility costs, and reduce the pressure on families by formulating relevant policies and providing more educational resources.

February** Dynamic Incentive Program

As parents, we can also start from ourselves and reasonably plan the cost of raising children. When choosing educational resources and lifestyle, we can make more suitable choices based on our financial situation and the actual needs of our children.

Overall, the figures revealed in the China Cost of Childbirth Report 2024, while alarming, also remind us to pay more attention to the issue of family fertility costs and work together to create a better environment for the future of our children. Let's work hard for the growth of our children!

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