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

CHINA, JUL 9 – China's new employment measures include subsidies and loans targeting youth and rural workers to address high unemployment amid economic slowdown and trade tensions.

Summary by Devdiscourse
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.

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Lean Left

China is offering a one-time subsidy to employers who hire unemployed youth. Employers can receive up to 1,500 yuan (US$2,000) for each new hire for the rest of the year.

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The Manila Times broke the news in Manila, Philippines on Tuesday, July 8, 2025.
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