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Economic Indicators

China to promote fiscal, monetary policies to support job stabilisation-minister

08/25/2022

Less than a minute

2022.08.25 06:37

China to promote fiscal, monetary policies to support job stabilisation-minister
FILE PHOTO: Workers leave the construction site of the new Workers’ Stadium in Beijing, China, July 28, 2022. REUTERS/Thomas Peter

(Corrects typographical error in headline)

BEIJING (Reuters) – China will focus on expanding jobs and promote fiscal, monetary and industrial policies to support job market stabilisation, Li Zhong, Vice Minister of the Ministry of Human Resources and Social Security, said on Thursday.

China’s employment situation has remained generally stable for a long time, but there has been persisting long-term pressure, Li told a press conference in Beijing.

Source

08/25/2022

Less than a minute