Japan enacts legislation making preschool education free in US$7 billion bid to expand child care support

It is quite well known that Japan faces an aging population problem combined with a declining birth rate.  The Japanese government has taken many policy actions to try to stem the fall in the amount of children being born in Japan.  This latest measure is another example of these actions. 

This policy does seem like a good idea to reduce financial burden on young families but there are issues raised about the possible increase in demand that this action will have, given that there are already waiting lists to get into many preschool institutions.

Still, the Japanese government should be applauded in its efforts to help young families. Maybe Hong Kong should consider similar actions.

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