This article investigates fertility intentions and obstacles among young Chinese men and women after the lift of the one-child policy. Over 100 in-depth interviews reveal that while having one child is viewed as the normative step following marriage, various obstacles remain for second-birth transition. Time and financial concerns are salient among both men and women, whereas labor market disadvantage and the perceived incompatibility between work and motherhood create additional hindrances for women. The gendered childcare leave policy, coupled with discriminatory hiring practice, leads women to view multiple childbirths and successful career as fundamentally incompatible. A universal ‘two-child policy’ without additional institutional measures that address work-life incompatibility for women may not successfully boost fertility level, but would rather exacerbate the existing gender inequity in China’s labor market.