December 24, 2019 / 9:23 AM / a month ago

China to take measures to further stabilise employment

File Photo: A recruiter hands out a company flyer to job seekers at an open air employment fair for college graduates and the general public in the centre of Shijiazhuang, Hebei province, China, February 6, 2017. REUTERS/Thomas Peter

BEIJING (Reuters) - China’s cabinet issued guidelines to Tuesday to further promote employment, while acknowledging that pressure on stabilising employment is increasing due to internal and external challenges.

China will step up financial support for private and small firms, appropriately expand investment, and stabilise foreign trade to boost employment, the state council said in a statement on its website.

Reporting by Lusha Zhang and Kevin Yao; Editing by Alison Williams

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