Economics
China Vows Employment Support as Labor Market Under Pressure
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China pledged to prioritize employment with its fiscal and monetary policies as the labor market remains under pressure, the country’s cabinet said Monday.
China still faces relatively large employment pressure during the 14th five-year-plan period which ends in 2025, according to a statement released from the State Council meeting chaired by Premier Li Keqiang. The cabinet also urged China to push for close to full employment with higher quality jobs during the period.