How long will it take to fully liberalize the three child policy in China? By the end of this year?

Cambodia Compass report, 3rd June - Recently, everyone is discussing the "three-child open policy", some supported it and some opposed it.

When is the time for the full development of the three child policy?

On May 31, only the document on the optimization of fertility policy was deliberated, pointing out the implementation of the policy of one couple can have three children and supporting measures. What you need to note here is that deliberation and adoption are different. Deliberation means that the draft plan will be submitted to the general assembly and implemented only after it is approved, and the specific implementation time will be indicated.

When the state began to review the three child policy, it also means that the full opening time of the three child policy is getting closer and closer to everyone. It may be the end of this year or the beginning of 2022, and it will be implemented during the 14th five year plan at the latest.

In the face of the three child policy, many parents who are financially able have begun to prepare for the three child policy. But many people, especially the young people who are still worried about housing loans, say that they can't afford to have one child and want to have three more? In fact, the cost of raising children is too high, mainly reflected in housing, medical care and education.

At present, there is no way to achieve both ends at in China. Only foreign country can we find such opportunities.

For example, in Southeast Asia, the cost of living is lower than that of the first and second tier cities in China, and the daily expenses of studying there will not be too high. You can enjoy the life and education of the local first tier cities at a low price, which can be described as a model of low cost and high quality.

At the same time, the housing prices in Southeast Asia, Thailand, the Philippines and other overseas countries are relatively lower than those in China. Renting an apartment near the university town of Bangkok, Thailand, is only 250000CNY, which is very low. Renting the university town apartment in Manila, the capital of the Philippines, as an example, with minimum price is only 510000CNY.

In addition, for international schools like the Philippines, the annual overall cost is about 30000CNY. For those of the same level in China, the Philippines only needs the same domestic price of 1/4.

Therefore, some parents who plan to have triplets in China plan their overseas assets ahead of time to get life and education at a low price, which is the biggest winner in life.

Source: Compass global real estate

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