Chinese Tech Hub to Offer Handouts to Families With More Than One Child

China’s eastern tech hub, Hangzhou, is planning to offer subsidies of up to 20,000 yuan ($2,906) to each family with two or three children this year, joining several other major cities in rolling out cash incentives to encourage births as the country grapples with a shrinking population.

Families having a third child this year can get the maximum one-time subsidy if their newborn has a local household registration, or “hukou,” the Hangzhou Municipal Health Commission said Thursday, according to the city’s official newspaper Hangzhou Daily. A one-time payment of 5,000 yuan will be given to two-child families who meet the same conditions.