Government plans to extend baby bonus scheme for three years, with spending reaching HK$2.3 billion

The Government plans to extend the baby bonus scheme for three years, with official estimates putting spending at HK$2.3 billion, and will apply to the LegCo Finance Committee for an additional HK$1.6 billion. The first child will remain at HK$20,000, while the second child and subsequent births will increase to HK$30,000, calculated from 16 September. The document states that the fertility rate in 2025 was 0.73, and at the meeting some legislators also proposed setting up a cash lucky draw of HK$1 million to HK$4 million.