A new survey report shows that even if the government were to relax its one child policy, couples here in Shanghai would not be open to the idea of having a second child because of the excessive financial costs that come with an additional child.
The Shanghai Committee of the Youth League of China went around asking 240 young Shanghai couples (where at least one parent was under the age of 35) and results show that nearly 70 percent of said they would be unwilling to have a second child.
You can hardly blame them either. According to the study, approximately 1700 kuai a month is spent on child education and for the average household, that’s 44.27% of the income. Many couples already look to the generation above to pitch in financially – 31% said that their child-rearing expenses were taken care of by grandparents.
But despite the strenuous burden of raising a child, the majority of couples said they absolutely derive a satisfaction from parenting and over 80% didn’t mind being a “child slave” to their single born.