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When the one-child policy was in force, the "six pairs of pockets" syndrome was well documented. Each only child generally had two parents and four grandparents, all of whom put their hands in their pockets to feed, cloth, and often spoil, the child.

BEIJING, Jan. 12 (Xinhua) -- Senior leaders of the Communist Party of China (CPC) on Friday agreed that the proposal to amend the country's Constitution should only include "changes to part of it, not revision on a large scale."

Under a "twin pillar" framework, the central bank has established a macro-prudential assessment framework to regulate financial institutions, and increasingly relied on monetary tools, like open market operations for liquidity management, rather than adjustments in interest rates or reserve requirement ratios.

The Central Committee of the CPC will continue to follow the spirit of the 19th CPC National Congress and insist on the multi-party cooperation and political consultation system under the leadership of the CPC, it continues.

Chinese parents are spending more of their savings on tutoring schools, too.