Lots of information! The central government issued the three-child policy: effectively solve the hot issues of school choice and study the preferential policies for renting houses and buying houses.

The three-child policy involving hundreds of millions of families is coming!

According to Xinhua News Agency, on July 20th, the Central Committee of the Communist Party of China and the State Council officially issued the Decision on Optimizing the Birth Policy to Promote the Long-term Balanced Development of the Population (hereinafter referred to as the Decision). It puts forward the requirements of "implementing the policy that a couple can have three children, canceling restrictive measures such as social support fees, cleaning up and abolishing relevant punishment regulations, and supporting the implementation of positive fertility support measures".

Expand the scope of screening diseases for neonatal diseases, support parents' parental leave where conditions permit, encourage and support qualified kindergartens to recruit children aged 2 to 3, effectively solve the "school choice fever", and study and formulate preferential policies for renting houses ... Starting from improving the service level of prenatal and postnatal care, this decision puts forward a package of support measures covering the whole life cycle.

Read the report!

Aspect 1: The overall goal is clear

The "Decision" pointed out that by 2025, the policy system of active fertility support will be basically established, the service management system will be basically complete, the service level of prenatal and postnatal care will be significantly improved, the construction of universal care service system will be accelerated, the cost of childbirth, parenting and education will be significantly reduced, the fertility level will be appropriately improved, the sex ratio of the birth population will become normal, the population structure will be gradually optimized, and the quality of the population will be further improved.

By 2035, the system of policies and regulations to promote long-term balanced population development will be more perfect, the service management mechanism will operate efficiently, the fertility level will be more moderate, and the population structure will be further improved. The level of prenatal and postnatal care and early childhood education services meets the needs of people's better life, the ability of family development has been significantly improved, and people's all-round development has made more obvious substantive progress.

Aspect 2: Cancel all kinds of restrictive measures

The above-mentioned document decided to cancel restrictive measures such as social support payments. Cancel social support fees, clean up and abolish relevant punishment regulations. Family, school, occupation, etc. It has nothing to do with individual fertility. Properly handle the problems left over from history according to the law and regulations. In areas where the contradiction between population development and economic, social, resources and environment is more prominent, we will strengthen publicity and advocacy, promote the effective connection between the relevant policies for benefiting the people and the birth policy, and accurately do all kinds of management services.

The third aspect: protecting the health of pregnant women and children

The Decision calls for the full implementation of five maternal and child safety systems, including screening and assessment of pregnancy risks, project management of high-risk pregnant women, emergency and critical care, maternal death case reports and interviews. We will implement the maternal and child health protection project, speed up the standardized construction and management of maternal and child health care institutions at all levels, strengthen the ability to treat critically ill pregnant women and newborns and the construction of pediatrics, consolidate the three-level grassroots network in counties and villages, and accelerate the improvement of public services related to fertility. Promote the integration of reproductive health services into the whole process of women's health management. Strengthen the standardization and standardization of children's health clinics, and strengthen the screening, diagnosis and intervention of risk factors and diseases such as myopia, malnutrition and dental caries for children and adolescents. Do a good job in children's basic medical security.

Comprehensive prevention and treatment of birth defects. Improve the prevention and control network of birth defects and implement three-level preventive measures. Strengthen the popularization and consultation of knowledge related to the prevention and treatment of birth defects, strengthen pre-marital health care, promote the health examination of prenatal eugenics, strengthen prenatal screening and diagnosis, and promote comprehensive management services and multidisciplinary cooperation during perinatal period, prenatal period and postpartum period. Expand the scope of neonatal disease screening and promote early screening, early diagnosis and early treatment. Do a good job in basic medical care and rehabilitation assistance for children with birth defects.

Aspect 4: standardize the application of human assisted reproductive technology

The "Decision" pointed out that it is necessary to strengthen planning guidance, strictly examine and approve technology, and build a balanced supply and demand and reasonable layout of human assisted reproductive technology service system. Strengthen the supervision of human assisted reproductive technology services and strictly regulate the application of related technologies. Carry out special research to improve fertility and standardize infertility diagnosis and treatment services.

Aspect 5: Encourage kindergartens to recruit children aged 2 to 3.

The "Decision" requires that various forms of inclusive services be vigorously developed. Give play to the guiding and inciting role of investment in the central budget, and promote the construction of a number of convenient, affordable and quality-guaranteed child care service institutions. Support qualified employers to provide childcare services for employees. Encourage state-owned enterprises and other subjects to actively participate in the construction of universal nursery service system promoted by governments at all levels. Strengthen the construction of community child care service facilities, and improve the infant activity places and service facilities in residential communities. Formulate measures for the management of family nurseries. Support intergenerational care, family mutual assistance and other care models. Support domestic enterprises to expand child care services. Encourage and support qualified kindergartens to recruit children aged 2 to 3.

Aspect 6: Support the pilot of parental leave.

The document pointed out that it is necessary to improve the maternity leave and maternity insurance system. Strict implementation of maternity leave, breastfeeding leave and other systems. Support qualified places to carry out parental leave pilot projects and improve the holiday labor cost sharing mechanism. Continue to do a good job in maternity insurance to ensure maternity medical expenses and maternity allowance for female employees, do a good job in ensuring maternity medical expenses for urban and rural residents insured by medical insurance, and reduce the burden of maternity medical expenses.

Aspect 7: Study and formulate differentiated rental and purchase concessions

Strengthen tax, housing and other support policies. Combined with the next revision of the personal income tax law, the study will promote the inclusion of nursing expenses for infants under 3 years old in the special additional deduction of personal income tax. When allocating public rental housing, local governments can give appropriate care to families with minor children who meet the local housing security conditions according to the number of minor children. According to the burden of raising minor children, all localities can study and formulate preferential policies for differentiated leasing and house purchase.

Aspect 8: Effectively solve the problem of "school choice fever"

Promote educational equity and the supply of high-quality educational resources. Promote the governance of supporting kindergartens in urban communities, continuously improve the coverage rate of inclusive kindergartens, appropriately extend the time in the park or provide custody services. Promote the balanced development of compulsory education and the integration of urban and rural areas, and effectively solve the problem of "school choice fever". Relying on school educational resources and taking public welfare as the principle, we will comprehensively carry out extracurricular cultural and sports activities, social practice projects and trusteeship services to promote the connection between school hours and parents' off-duty hours. Improve the quality of on-campus teaching and education evaluation, and bring the frequency and cost of students' extracurricular training into the education supervision system. Balance the burden of family and school education, and strictly regulate off-campus training.

Aspect 9: Protecting the legitimate rights and interests of women in employment

Standardize the recruitment behavior of employers such as organs, enterprises and institutions, and promote women's equal employment. Implement the "Special Provisions on Labor Protection of Female Workers" and regularly carry out special inspections on the protection of maternity rights and interests of female workers. Public services to provide re-employment training for women whose employment is interrupted due to childbirth. Taking maternity friendliness as an important aspect of the social responsibility of employers, employers are encouraged to formulate measures that are conducive to the balance of work and family relations among employees, and flexible vacations and flexible working methods that are conducive to caring for infants and young children are determined through consultation according to law. Timely revise and improve the current policies and regulations on vacation and working hours.

Aspect 10: Explore the establishment of a nursing leave system for only-child parents.

Safeguard the legitimate rights and interests of family planning families. For the one-child families and rural family planning families who gave birth to two daughters before the adjustment of the universal two-child policy, the existing reward and assistance system and preferential policies will continue to be implemented. Explore the establishment of a nursing leave system for parents of only children. Strengthen legislation to protect the legitimate rights and interests of families who respond to the call of the party and the state to implement family planning.

The total fertility rate may rise.

Minsheng Securities believes that the three-child policy can increase the total fertility rate. The three-child policy can make the newly born population in China exceed 1 10,000 in 2022, and then gradually decrease, with an average annual increase of 800,000.

Zhongtai Securities believes that letting go of the second child can obviously boost the fertility will. Judging from the fertility rate of women of childbearing age at all ages, after the second child was fully released at 20 16, the fertility rate of women of childbearing age aged 25-29 and 30-34 increased significantly, reaching the high level at 20 18 and 20 19 since 2005. Among them, the birth rate of women of childbearing age aged 30-34 has increased more obviously, which may be due to the release of the second child and the delay in childbearing age. The decline of the newly born population is mainly caused by the decrease of women of childbearing age (25-34 years old). After the third child is released, the fertility will be improved.

AVIC Securities believes that the opening of the "three-child policy" has boosted the consumer demand of mothers and babies. The opening of the "three children" policy and the continuous promotion of supporting policies in the future will stimulate the increase of birth rate to a certain extent, thus stimulating the consumption demand of related mothers and babies, and companies such as milk powder, children's wear, parenting, maternal and child services and medical care will directly benefit.