Depicts a person (勹) hugging a child (子). Based on the original meaning "to embrace", now written as 抱. The meaning later shifted to "cover" and "wrap".
wrap, pack, bundle; package; to cover; to wrap; to hold; to include; to take charge of; to contract (to or for); wrapper; container; bag; to hold or embrace; bundle; packet; CL:個|个[gè],隻|只[zhī]