The company, one of the world's largest online travel agencies, with 400 million users, said it would pay a parental cash subsidy of 10,000 yuan annually for five years for every child born to its employees worldwide.
The programme will cost about 1 billion yuan, the company said.
"I have always suggested that the government give money to families with children, especially multiple children, to ... help more young people fulfil their desire to have multiple children," Trip.com executive chairman James Liang said in a statement.
China's birth rate last year fell to 6.77 births per 1,000 people, from 7.52 births in 2021, the lowest on record.
Young people cite high childcare and education costs, low income, a weak social safety net and gender inequality, as discouraging factors.
Persons:
James Liang, demographers, Young, Liang, Casey Hall, Gerry Doyle
Organizations:
Trip.com, HK, Authorities, Thomson
Locations:
SHANGHAI, China