Market baby in China
Due to inflation and the cost of living increase, the young couple seems to be higher than the year ago babies, especially those living in first-tier cities, such as Beijing, Shanghai, Guangzhou and more anxious. In Shanghai, for example, it will cost more than 30,000 average per year to raise a child from birth to graduate from elementary school, so it seems unlikely that a young couple, if they are able to achieve such a high pressure is not a stable source of income.
Specifically, it records the family in Shanghai in 2010, directly used to 32,719.5 yuan a year to raise a child from 0-3 years, 4-6 years, 31,943 yuan, 31,226 yuan for 7-12 years. Approximately 35% of the parents were subject to high stress caused by parental.
Read more in Daxue Consulting Research China