China's Bold Measures to Combat Job Crisis Amid Trade Tensions

China's Bold Measures to Combat Job Crisis Amid Trade Tensions

China has introduced new measures to stabilize employment, offering subsidies, loans, and targeting youth amid prolonged US trade tensions. The State Council announced increased unemployment insurance refunds for firms, with special focus on youth employment and vocational training expansion.

China Unveils New Steps to Aid Employment Amid Trade Tensions

China rolls out sweeping employment push for record number of college graduates

China has unveiled a tiered strategy to boost employment prospects for the nation's 2025 college graduates, a number that is expected to reach a record 12.22 million this year.

China unveils measures to boost employment amid US trade tensions

China ministries to boost rural employment

CHINA’S Ministry of Commerce and eight other government agencies jointly announced an action plan on Monday to boost rural employment through enhancing household services, aiming to expand household service supply and drive rural economic development.

China Rolls Out Job Support Plan To Curb Youth Unemployment, Protect Struggling Firms As Trade Pressures Mount

China unveiled new measures on Wednesday to stabilise employment, including expanded social insurance subsidies, special loans, and targeted support for young people looking for jobs, as the country grapples with a prolonged trade war with the United States. Local governments in some regions will raise unemployment insurance refund rates for small firms to a maximum 90% from 60% and for large firms to 50% from 30%, according to a notice issued b…