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

China offers subsidy to those hiring unemployed young people

China is stepping up its efforts to stabilise employment and bolster household incomes, as labour market pressures persist amid sluggish economic growth, fierce domestic competition and the trade war with the United States. The authorities will provide a one-off employment subsidy for companies and social organisations that hire unemployed people aged between 16 and 24, the General Office of the State Council said in a circular released on Wedne…

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.