6. One-child policy relaxed
China decided to ease its decades-old one-child policy, allowing couples to have two children amid aging population and economic slowdown.
By around the middle of this century, one in every three Chinese is forecast to be over 60, with a dwindling proportion of working adults to support them. The one-child policy, initiated in 1980, resulted in about 400 million fewer births.
But many young couples are reluctant to have a second child citing the hefty cost.