Hong Kong authorities have rolled out 11 new initiatives to encourage residents to have children, including an expanded cash bonus scheme and a reduced down payment for subsidised housing for parents with newborns. In the latest policy address delivered on Wednesday, Chief Executive John Lee Ka-chiu announced that the HK$20,000 (US$2,550) newborn bonus scheme, expiring on October 24, would be extended for another three years. He added that the cash bonus for second and subsequent children would.
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