Last week, Chinese authorities introduced a raft of national policies, the most comprehensive yet, to encourage couples to have more children. The measures include better maternal care and childcare services, improved maternity, parental leave policies and preferential policies on housing and taxation. The fast aging population compounds the challenge of birth decline, which is expected to start as early as 2025. People aged 60 and above already account for 18.7 percent of China's total population. This poses a great challenge to the country's future economic and social development. Could these policies do the trick of renewing population growth? How can China best deal with a graying population and keep its demographic mix to sustain development?

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