Citizens walk on a street in Hangzhou, east China's Zhejiang Province, Jan 17, 2023.
China's encouraging its citizens to have more children amid a shrinking population.
  • The Chinese city of Hangzhou is giving $2,900 to parents welcoming a third child this year.
  • Some other cities are giving almost 30 days of marriage leave to boost the birth rate.
  • China's dealing with a demographic crisis as its population shrinks for the first time in 60 years.

China, the world's second-largest economy and one of the world's most populous countries, is trying to get its citizens to have more babies.