China Extends Fiscal Support for Stable Jobs Market
Xinhua
DATE:  Dec 25 2019
/ SOURCE:  xinhua
China Extends Fiscal Support for Stable Jobs Market China Extends Fiscal Support for Stable Jobs Market

(Yicai Global) Dec. 25 -- China will roll out a string of measures to maintain a stable employment market.

China's cabinet will extend its supportive fiscal policies to reduce enterprises' social security burdens and to promote on-the-job training, the State Council said in a guideline yesterday. 

Financial support will be increased for private, micro and small enterprises, it added. Services that can create many jobs such as housekeeping, elderly care, and tourism will be boosted.

China will launch an extensive professional skills training campaign, and improve its job monitoring system to track progress and enhance employer-employee matchmaking, the statement added.

Follow Yicai Global on
Keywords:   employment market