China’s fertility rate hit a record low last year, according to a new estimate reported by state-backed media earlier this week. The report cited China’s Population and Development Research Center, which found that in 2022, each woman in the world’s second largest economy would, on average, give birth to 1.09 babies—well short of the “replacement fertility rate” for developed countries of 2.1, at which a stable population is maintained, and an even farther cry from China’s peak fertility rate of 7.5 60 years ago. [time-brightcove not-tgx=”true”] But it doesn’t come as a surprise for Chinese authorities, who, facing the drastic economic consequences of an aging and shrinking population, have in the last several years been taking a number of measures to try to boost plummeting birth rates—from reversing the decadeslong one-child policy meant to stem overpopulation to providing cash incentives to have more children.

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