China late on Friday unveiled details of the long-term economic reforms agreed to at this month's Third Plenum, a key meeting of the country's top leaders. The 60-point reform plan is seen paving the way for sweeping changes in the world's second-biggest economy as it tries to steer away from investment-led growth to a consumption-driven economy. Here's what you need to know about the main reforms. 1) One-child policy relaxed: The controversial policy introduced in 1979 has contributed to falling birth rates. Now the policy is to be eased to allow couples to have two children if one the parents is an only child. Baby-product related stocks such as Goodbaby International soared in Hong Kong on Monday following the easing of the one-child policy. "The reason they (China's leaders) have to change the one-child policy is because China has aging population and everybody knows an aging population needs to be supported," David Kuo, CE...