More recently, Chinese policymakers have been considering implementing subsidies and incentives for parents to combat the declining birth rate. Meanwhile, in recent years Japan hit its highest fertility rate in 21 years, according to Business Insider. The biggest improvements were found in areas that have implemented similar cash incentives for having children. In one town — Ama, on the island of Nakanoshima — parents are paid 100,000 yen ($940 USD) for their first child, but by the fourth could be paid up to 1 million yen (about $9,400 USD).
