ICYMI – China pledges fresh policy support to stabilise employment

July 10, 2025
-FXnews

China’s government announced Wednesday that it will strengthen efforts to stabilise employment, unveiling plans to expand targeted loans and increase social insurance subsidies for businesses in a bid to spur hiring. In a notice issued by the State Council, authorities said they will enhance the existing policy toolkit and introduce additional measures as needed in response to evolving labour market conditions.

The move underscores Beijing’s growing focus on employment stability amid ongoing economic pressures, including weak consumer demand and a sluggish property sector

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