Economic news

China says will use various policy tools to stabilise employment – state media

2022.05.11 15:11

China says will use various policy tools to stabilise employment - state media
FILE PHOTO: A general view of Tianjin, China, September 7, 2021. Picture taken September 7, 2021. REUTERS/Tingshu Wang

BEIJING (Reuters) – China will strive to stabilise the economy and will use various policy tools to support employment, state media quoted the cabinet as saying on Wednesday.

The downward pressure on China’s economy increased further in April, the cabinet was quoted as saying after a regular meeting.

China will ensure price stability, ensure grain output and goods supplies, it added.

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