December 24, 2019 / 9:17 AM / a month ago

China to take measures to further stabilise employment

BEIJING, Dec 24 (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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