The cost of raising a child in China is 6.3 times that of GDP per capita, which is at a high level i

Mondo Finance Updated on 2024-02-23

Children are the hearts and minds of parents, the future of the country, and an indispensable member of every happy family. So, how much do you know about the cost of raising children? Recently, Leo People Research, initiated by well-known demographer Liang Jianzhang, published the "China Fertility Cost Report 2024" to unravel the mystery of parenting.

According to the China Fertility Cost Report 2024, the cost of raising children aged 0-17 in China is 538,000 RMB, which was initiated by the "Childcare Center". From 0 to the end of college, the cost of raising parents is about 680,000 yuan. If we compare the cost of Chinese parents on the period between the birth of their children and the age of 17 with the GDP per capita, we will see that the cost of raising children in China is 63 times the GDP.

If only from 63. If we don't have a good understanding of whether the cost of child support in China is high or low, we can understand it if we compare it with other countries. Under the same calculation conditions, Australia, France, Sweden, Germany, the United States, Japan, 426, respectively. 91. Germany. 26。China is close to being the first in the world. A smaller proportion of GDP in child support costs indicates lower child support costs, and vice versa, higher child support costs.

Because incomes vary widely between urban and rural areas in China, so does the cost of raising children. The per capita cost of child support for urban households in China is 667,000 RMB, which is 123 of the country's per capita consumption level85%;In rural areas, the cost of raising a child is 365,000 RMB, which is 67 percent of the country's per capita expenditure78%。Suffice it to say, the cost of raising a child in the city is much higher than in the countryside.

At the same time, the level of economic development in different parts of our country also varies greatly, the more developed the place, the higher the cost of raising children, and the less developed the place, the lower the cost of raising children. In terms of child raising expenses, Shanghai 1.01 million yuan, Beijing 9360,000, Zhejiang 855,000, Gansu 3840,000, Qinghai 3790,000,**349,000.

The cost of children in each stage of growth and development is also different, from the annual expenditure of each stage, 3-5 years old is the age of the largest cost of raising children, the average annual cost is 36,538 yuan; Among them, the cost of child support for 15-17 ranks second in the country, with an average annual cost of 29,007 US dollars; Among them, 6-14 years old is the age group with the highest cost of parental support, with an average expenditure of $27,007 per capita.

The age of 3 to 5 years is the most expensive age for childcare, because children are required to attend kindergarten during this period, which is very expensive. Taking the children of the Ming Su family as an example, he lives in the urban area of Chongqing, because there are too few public kindergartens in the surrounding area, and the hope of enrolling in school is very slim, so he has to study in a nearby private kindergarten, with a fixed fee of 1,580 yuan per month, and more than 15,800 yuan for 10 months a year, which is almost equivalent to half of the education funds for this period.

At present, the cost of raising children is getting higher, which is also an important factor in the reluctance of many families to have more children. We must not only strive to develop the economy and increase people's income, but also improve the security system in various aspects such as medical care, education, infant and child care, social welfare security, leave rights, etc., and reduce the cost of having children.

Related Pages