Amid labor market pressure China pledges to support employment

WhatsAppWhatsAppFacebookFacebookTwitterTwitterPinterestPinterestRedditRedditGmailGmailShareShare

 Amid pandemic China’s labor market has been deeply impacted, just like other nations. On Monday, China’s cabinet vowed to keep employment at a priority by redirecting its monetary and fiscal policies and thereby support the labor market in the country that is experiencing immense pressure.

According to a statement released by the State Council meeting chaired by Premier Li Keqiang, China is facing large unemployment pressure during 14th five year plan that is scheduled to end in 2025. The cabinet also urged that China must aim for complete employment during this period as well as better quality jobs for the people of China.

Related Posts

The meeting on Monday said, “China will continue to make employment the top priority of economic and social development as well as macro policies, strengthen the government’s responsibility while maintaining the market’s dominant role in order to achieve higher-quality employment.”

The cabinet also called out all departments to work towards strengthening policy adjustment that would in turn ensure the Chinese economy to work in a reasonable range. With rising commodities prices amid damages due to extreme floods and re-emergence of coronavirus cases in many provinces, the global economic environment has remained complex. This makes it even more important to focus on developing labor intensive industries to provide more employment opportunities in China. The cabinet also urged the government to provide better services and opportunities to critical groups like migrant groups, fresh graduates, military veterans and also people who have just recovered from poverty.

The statement by cabinet said that China would be working towards strengthening vocational skill training. This would cover up the gap that leads to unavailability of employment due to unmatched skills. China will also work on eliminating discrimination in employment and also protect rights of irregular workers, women and senior employees.

About Aparajita Das

Aparajita loves to share Political-based niche news articles. She is a passionate writer learning about the history of all the regions.

Aparajita Das

Aparajita loves to share Political-based niche news articles. She is a passionate writer learning about the history of all the regions.

Recent Posts

National Insurance Company Limited AO Apply Online 2025: Direct Link Eligibility and Vacancy Details

The National Insurance Company Limited (NICL), owned by the Government of India, has invited applications for 266 Administrative Officer (AO)…

June 14, 2025

Work-Life Balance the Japanese Way: What Is Yutori and Why You Need It

In today's frantic world, the Japanese philosophy of Yutori provides a refreshing alternative to the hustle mentality. Meaning "room to…

June 14, 2025

Taiwan Welcomes Filipinos with Extended Visa Free Entry Until 2026

An extension of Taiwan's visa-free travel programme for Philippine passport holders has been renewed for another year. This extension allows…

June 14, 2025

Judge Blocks Rubio’s Plan to Lay Off 2,000 State Department Employees

A federal judge in San Francisco has temporarily prevented Secretary of State Marco Rubio from laying off almost 2,000 U.S.-based…

June 14, 2025

eShram Card  for Unorganized Workers Full Guide: Who Can Apply, Required Documents and How to Check Balance

Launched on August 26, 2021 by the Ministry of Labour and Employment the eShram Card is the pioneering initiative of…

June 13, 2025

Unilever Under Fire: Ivory Coast Workers Accuse Unilever of Union Rights Violations

Employees at Unilever Côte d’Ivoire have alleged that the company severed its collective bargaining agreement with employees amid plans to…

June 13, 2025